Here is why PINC was moving
(COMTEX) B: TheSubway.com Announces Investment Opinion
B: TheSubway.com Announces Investment Opinion
WESTON, Fla., Aug 10, 1999 (BUSINESS WIRE via COMTEX) --
TheSubway.com announces investment opinion on PlanetCity.com
(OTCBB:
PINC) with a 6 month target of $8-10 per share, US Web (NASDAQ:
USWB)
and Network Solutions (NASDAQ: NSOL).
TheSubway.com announces investment opinion on PlanetCity.com (OTCBB:
PINC) with a 6 month target of $8-10 per share, US Web (NASDAQ: USWB)
and Network Solutions (NASDAQ: NSOL).
PlanetCity.com (OTCBB: PINC) recently announced that it teamed up with
ConSyGen (OTCBB: CSGI) as well as the creation of a new Web Services
Division. More excitingly, the company has announced that it will be
profitable in September of this year and that their recent acquisition
of its web services division is currently profitable. The momentum
building behind the company and its future direction is a good reason
for consideration of the company to be an undiscovered rising star. The
company's main focus is in mainframe, client / server, PC and internet
environments around the world.
The variety of full services offered to customers should enhance
customers' sales and marketing functions as well as integrate back
office automation. This should build existing relationships as well as
start new ones. This will lead to an increase in profitability. The
Company is looking to earn $.25 per share in 1999, and $.95 per share
in 2000. We feel that a 6 month target of $8.00 - $10.00 is
conservative.
US Web (NASDAQ: USWB) a leading professional services firm, works with
companies to define strategies and implement innovative ways to build
their businesses by combining the expertise of strategy, Internet
technology and marketing communications. To many, US Web is the leader
in internet development strategies. Their clients consist of: Harley
Davidson (NYSE: HDI), Apple Computer (NASDAQ: AAPL), BBC Worldwide,
Furniture.com, Warner Brothers, Wolf Garten, CNN / Sports Illustrated
Interactive, Levi's, Ocean Spray and Dockers. The stock is well of it's
52 week high down from 47 currently trading at around 18. Look for the
stock to form a base around this level and watch for a steady upward
climb.
Network Solutions (NASDAQ: NSOL) is the world's leading registrar, with
more than 5 million net registrations. Network Solutions registers the
majority of Web addresses worldwide through various channels including
almost 200 companies in its Premier program. Network Solutions has
created value-added smallbusiness solutions through agreements with
leading companies such as American Express (NYSE: AXP) and Microsoft
(NASDAQ: MSFT). Through its Alliance Program, Network Solutions works
closely with EarthLink (NASDAQ: ELNK), MindSpring Enterprises, Inc.
(NASDAQ: MSPG), Interliant, Inc.(formerly Sage Networks, Inc.) (NASDAQ:
INIT), ValueWeb (NASDAQ: ESPI) and Interland, Inc. Network Solutions
also has entered into marketing agreements with companies including
Yahoo! Inc.(NASDAQ: YHOO) and Netscape Communications Corporation. With
a 52 week high of almost $154, we feel that when the company starts to
turn consistent profits, we will see the stock explode. We feel that
this is one to watch and possibly start accumulating over the next 6
months.
About TheSubway.com
TheSubway.com, a wholly owned online asset of Capital Research Group,
Inc. was developed solely for experienced, risk tolerant investors.
Subscribers to TheSubway.com receive daily market commentary reports
for select companies trading on various markets. Sophisticated
investors are also able to receive for free,select, rare research
reports and investor kits on up and coming emerging companies while
they are still not widely known.
About Capital Research Group Inc.
Through TheSubway.com, Capital Research Group (CRG) introduces
fundamentally sound, undervalued companies to the investment community.
Capital Research Group strives to locate companies with enormous growth
potential. CRG is a full service public relations / Investor relations
firm. For more information about our products or services, please
contact CRG at 954-217-9555 or visit us at thesubway.com
All material herein was prepared by Capital Research Group Inc. (CRG)
based upon information supplied by the company or other sources
believed to be reliable. The information contained herein is not
guaranteed by CRG to be accurate, and should not be considered to be
all-inclusive. This discussion contains forward-looking statements that
involve risks and uncertainties. The company's actual results could
differ materially from those described in any forward-looking
statements or announcements discussed within. This material is for
information purposes only and should not be construed as an offeror
solicitation of an offer to buy or sell the securities. CRG is not a
licensed broker, broker dealer, market maker, investment banker,
analyst or underwriter. Please consult a broker before purchasing or
selling any securities viewed on www.thesubway.com. CRG, its
affiliates, and/or its officers, directors and employees may from time
to time have a position in these securities. CRG has been compensated
by one or more companies listed herein (150,000 shares of PINC by a
third party) for the preparation and distribution of this report.
Detailed information about which is available by visiting
thesubway.com. Also any questions about this can be answered
by calling Capital Research Group Inc. Direct.
|
