MSTG News...
Tuesday September 21, 10:52 am Eastern Time
Company Press Release
SOURCE: Donner Corporation International
Donner Corp. International Issues Speculative Buy Recommendation On Mustang Software, Inc.
SANTA ANA, Calif., Sept. 21 /PRNewswire/ -- The following is being issued by Donner Corporation International, a member of the National Association of Securities Dealers, CRD number 37702.
Donner Corp. International, an Investment Banking firm headquartered in Santa Ana, Calif., today issued a Speculative Buy Recommendation on Mustang Software, Inc. (Nasdaq: MSTG - news), Bakersfield, California, and initiated coverage. Mustang Software specializes in e-mail management and offers businesses the tools necessary to track and manage the electronic flow of e-mail inquiries and orders.
The Donner report said that with the explosion of e-mail, Mustang Software's e-mail management solutions address a huge market. The Company's client list already includes more than 250 companies worldwide, including many Fortune 500 customers including Microsoft, Lucent Technologies, AT&T, 3Com and Siemens.
``Mustang Software has become recognized throughout the industry as the leader in creative e-mail management solutions,' the Donner report said. It recently reported a 96 percent increase in revenues for the first six months ended June 30, 1999, compared to the same period in 1998.
The Donner report said Mustang Software ``has developed an Internet Message Center, e-mail collaboration software, that allows businesses to manage incoming e-mail with the same efficiency and effectiveness as traditional call centers handle incoming phone calls.' Mustang Software has won prestigious awards for its products that enable companies worldwide to provide high-quality personal customer service over the Internet, the report said.
``We believe Mustang Software's stock is highly undervalued considering the huge market for e-mail management solutions, the recognized superiority of Mustang Software's products and the current and projected demand for these products,' the Donner report said.
Copies of the Donner report on Mustang Software are available at 1-800-324-6050.
(The information contained herein is based on sources believed to be reliable but is not guaranteed by this company and is not comprehensive. It is not to be construed as an offer or the solicitation of an offer to sell or buy securities mentioned herein. The Company, its members, affiliates and employees may have long or short positions, which could be substantial, in securities discussed or recommended and may purchase, sell, or trade these securities from time to time in the open market or otherwise. In addition, this Company may from time to time perform investment banking, corporate finance, provide services for, and solicit investment banking, corporate finance, or other business from the issuers of such securities.)
SOURCE: Donner Corporation International |
