Business Week article on EWBX:
EarthWeb to Boost Online Business-to-Business Niche, Business Week Says
New York, Dec. 16 (Bloomberg) -- EarthWeb Inc., an online provider of business-to-business information, is seeking to boost its flagship ITKnowlege.com and dice.com services used by information-technology companies, Business Week reported in its ``Inside Wall Street' column, citing its chairman, Jack Hidary. The Nasdaq and several Internet companies such as Yahoo! Inc., Amazon.com Inc., MCI Worldcom Inc. and Excite at Home Inc. are expected to join EarthWeb's existing clients, which include Cisco Systems Inc., Intel Corp. and Gap Inc. EarthWeb has taken advantage of increased business-to-business traffic with more advertising and sponsorships, according to Charles Wittman, a First Union Securities Inc. analyst who rates the stock a ``strong buy,' Business Week said.
EarthWeb reported in October that its third-quarter loss widened to 93 cents a share from 41 cents a year earlier, though revenue climbed more than ninefold.
(BW 12/27 P217)
For the Web site of Business Week, type WBWK .
Dec/16/1999 20:38
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