CYBS analyst coverage begins this week -->> Merrill Lynch & Co. and co-managed by J.P. Morgan & Co., PaineWebber Incorporated and C.E. Unterberg, Towbin.
CYBS has more than 400 merchants that have chosen to use their services. Merchants include Beyond.com, BUY.COM, Compaq Computer, Egghead.com, Fawcette Publications, MarketWatch.com, Remedy and Shopping.com. They target merchants worldwide through a direct sales force as well as through an indirect sales channel. Their indirect channel partners include payment services providers (such as First Data Corp., Paymentech and Vital Processing Services), systems integrators (such as Fort Point Partners, iXL and USWeb/CKS), commerce server providers (such as BroadVision, IBM, Intershop, Interworld, Mercantec and Microsoft) and merchant aggregators (such as TicketMaster Online-CitySearch and Verio).
These two are the buyout candidates -->> They have also entered into strategic relationships with GE Capital's Equity Capital Group and Visa International to penetrate new e-commerce markets.
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