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Technology Stocks : Interliant, Inc. (INIT)

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To: Richard B. Haenisch who wrote (349)7/21/1999 8:06:00 PM
From: Tom Hua  Read Replies (2) of 1214
 
Rico, I hope I didn't misread the PR, but I think Softbank did not liquidate INIT, it only sold off non-internet assets. INIT, BWEB, EELN are among recent listed stocks that SB has a stake it. From the PR:

Sarathy also cited Softbank's strategy of shedding non-Internet assets and its listing of several affiliates over the last five weeks, including Pasona Softbank , BackWeb (Nasdaq:BWEB - news),
Interliant (Nasdaq:INIT - news) and E-Loan Inc, as reasons for raising the target price.

Regards,

Tom
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