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Technology Stocks : InsWeb Corp-(INSW)
INSW 50.43+0.4%9:39 AM EDT

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To: Sanjay Varma who wrote (63)8/17/1999 11:38:00 AM
From: $Mogul  Read Replies (1) of 116
 
NEW YORK, Aug 17 (Reuters) - InsWeb Corp. <INSW.O> won
positive ratings on Tuesday from two investment banks that
underwrote the online insurance company's $85 million initial
public offering in July.
-- Goldman Sachs started coverage of InsWeb with a market
outperform rating.
-- Donaldson & Lufkin & Jenrette analyst Jamie Kiggen gave
the stock a buy rating.
-- Shares of the Redwood City, Calif.-based company were up
7/8 at 24-1/2 in early trading on the Nasdaq.
-- The latest price gives the stock 44 percent gains over
its July 22 IPO price of $17 a share.

REUTERS
Rtr 09:39 08-17-99

Copyright 1999, Reuters News Service

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