Preferred Capital Markets, Inc. Initiates Coverage Of Concentric Network Corporation With an Accumulate Rating
SAN FRANCISCO, Aug. 5 /PRNewswire/ -- The following is being issued by Preferred Capital Markets, Inc., a member of the National Association of Securities Dealers, CRD number 10993:
Preferred Capital Markets, Inc., a brokerage firm servicing both institutional and individual investors with a focus on technology, telecommunications and medical technology today initiates coverage of Concentric Network Corporation (Nasdaq: CNCX - news) with full Accumulate rating.
Lori Alexander has published a research report on Concentric Network Corporation; Concentric provides wide area intranets, extranets, and application hosting solutions for the enterprise and consumer markets. The Company's Internet Protocol (IP) based network services connect enterprises with their remote sites, mobile users, business partners, and customers.
Analyst also currently covers Verio, Inc., AppliedTheory Corporation, and Excel Switching Corporation.
Preferred Capital Markets, Inc. provides proprietary research and trade execution services on an agency and principal basis for the securities and options markets. Clients include institutional investors, money managers, floor traders, and high net worth individuals. Founded in 1982, Preferred Capital Markets is headquartered in San Francisco with offices in New York, Boston, Chicago and Philadelphia.
The information contained herein is not and does not purport to be a complete analysis of every material fact respecting any company, industry or security. Preferred Capital Markets, Inc. and its affiliates make no representation as to whether any of the companies mentioned herein are in compliance with the informational reporting requirements of the Securities Exchange Act of 1934. The firm makes a market in the aforementioned security. Any statements nonfactual in nature herein constitute only current opinions or estimates, represent only the current judgment of the author(s), and are subject to change without notice. Preferred Capital Markets, Inc. (or one of its affiliates) or their partners, officers, directors, analysts, employees or customers may have an interest in the securities mentioned herein and may make purchases or sales as principal or agent of these securities, or their derivatives, while this report is in circulation. The information and opinions expressed herein do not constitute an offer or solicitation with respect to the purchase or sale of any security. Transactions in securities mentioned herein may be effected only in those states where such securities are qualified for sale
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