I don't remember who, but a couple people here on QCOM thread were asking about IARC, and I believe had taken out a position as well. Skip on by this if your not interested....sorry.Stonegate Securities, Inc. Initiates Coverage on Shares of InformationArchitects Corp.Nasdaq: IARC) With a 'Strong Buy' Rating
DALLAS, Jan. 14 /PRNewswire/ -- The following is being issued by Stonegate Securities, Inc., a member of the National Association of Securities Dealers, CRD number 6376:
Stonegate Securities, Inc. has initiated coverage on shares of Information Architects Corp. (Nasdaq: IARC) with a "Strong Buy" rating. Information Architects (iA) is utilizing next generation JAVA and XML-based technology to develop tools and solutions that enable any website or Internet-connected source to seamlessly and automatically distribute or aggregate content. According to a research report dated January 13, 2000, "The next evolution of eBusiness will require companies to be able to literally send (Syndicate) their content and commerce to hundreds of other websites and connected devices, as well as collect (Aggregate) content and commerce from hundreds of sources across the Internet. We believe iA's patented syndication and aggregation solutions represent the forefront of the next-generation of content and commerce management across the Internet.
"iA has completed its transition from a Y2K company into an eSolutions company. The company's products have been developed and tested, with initial customers satisfied and growing, and Metaphoria solutions have been delivered for a range of clients in B2B and B2C situations. The company is now implementing a formal sales and marketing program for its Metaphoria product. As the Internet evolves into a medium that connects websites, pagers, cell-phones and other devices, we believe the dynamic syndication and aggregation of content and commerce will emerge as one of the most significant challenges to face eBusiness in the new millennium. iA's Metaphoria solution positions the company as a leader in the move toward dynamic syndication and aggregation, much as BroadVision and Vignette were early leaders in the static content-publishing arena."
Disclosure and Disclaimer
The information contained herein is based on sources which we believe to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Because the objectives of individual clients may vary, this is not to be construed as an offer or the solicitation of an offer to sell or buy the securities herein mentioned. The firm and/or its employees and/or its individual shareholders and/or members of their families and/or its managed funds may have positions or warrants in the securities mentioned and, before or after your receipt of this, may make or recommend purchases and/or sales for their own accounts or for the accounts of other customers of the firm from time to time in the open market or otherwise. Stonegate Securities, Inc. has been retained to perform investment banking services for Information Architects, and has received remuneration for these services in the form of fees and warrants. Stonegate Securities acted as placement agent in a November 1999 private placement of $7 million for Information Architects, and received remuneration for these services in the form of fees and warrants. Principals, employees, and managed funds of Stonegate Securities participated in the November 1999 private placement. Additionally, Stonegate Securities may attempt to raise capital for Information Architects in the future and may receive remuneration for these services in the form of fees and warrants. The analyst who prepared the research report is the beneficial owner of 2,000 shares of Information Architects. The research report is the independent work of Stonegate Securities, Inc. and is not to be construed as having been issued by, or in any way endorsed or guaranteed by, any issuing companies of the securities mentioned herein. While we endeavor to update the information contained herein on a reasonable basis, there may be regulatory, compliance, or other reasons that prevent us from doing so. Opinions expressed are our present opinions only and are subject to change without notice. Reproduction or redistribution of research without the expressed written consent of Stonegate Securities, Inc. is prohibited. Additional information on any securities mentioned is available on request.
SOURCE Stonegate Securities, Inc.
CO: Stonegate Securities, Inc.; Information Architects Corp.
ST: Texas, North Carolina
IN: CPR FIN
SU: RTG
01/14/2000 12:03 EST prnewswire.com |
