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Technology Stocks : USWeb (USWB)

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To: Alok Sinha who wrote (1064)	7/21/1999 5:00:00 PM
From: Eric.sun	Read Replies (1) of 1188

Alok, USWB is up less than 1 point today. I expected it would go higher than this. According to Yahoo Board, SSB has a neutral rating on the stock which might undermine the upside momentum for today. Seems to me the street is still digesting the news and doesn't have a real conviction to it yet. SSB has the concern that bigger competitor would soon emerge in this industry and take away the leadership from USWB. But last night conference call Robert Shaw mentioned a major partnership would soon be announced. Depends on whom USWB partners with, the street might change the perception rather quickly on this company. Today, Sun_Netscape also announces plan to push the software and service revenue to $1B for the alliance. It would be ideal if USWB has a partnership with SUNW or IBM. That would give this company a total different image. Even though I firmly hold on to my SUNW and believe Sun_Netscape is probably even better position than USWB, this market should have more than several big players. And as a pure play internet service firm. USWB remains to be the leader.

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