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Technology Stocks : Interliant, Inc. (INIT)

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To: DD™ who wrote ()2/16/2000 2:49:00 PM
From: AlienTech   of 1214
 
Updated: 16-Feb-00

14:00 -- 15:00 ET (Updated throughout the hour)******

Everest Reinsurance Holdings (RE) 23 9/16 +1 1/8: J.P. Morgan upgrades from MARKET PERFORMER to BUY with a $35 price target saying improving conditions in reinsurance market should enable RE to produce double-digit revenue and earnings growth in 2000.

Celgene Corporation (CELG) 139 3/4 +26: J.P. Morgan initiates coverage on biopharmaceutical company with a BUY rating; CELG's Thalomid appears to be breakthrough cancer chemotherapy drug that shrinks tumors by inhibiting blood vessel growth.

Interliant (INIT) 50 1/2 +3 7/8: C.E. Unterberg, Towbin reiterates STRONG BUY rating as Dell (DELL 38 5/16 +7/16) indicates that INIT will be key partner in soon to come hosting initiative.

EEX Corp. (EEX) 3 5/16 -3/8: Wasserstein Perella downgrades gas and oil exploration and production company from STRONG BUY to HOLD.

Unify Corp. (UNFY) 24 3/8 -7/8: Needham & Co. raises price target from $38 to $41 based on increased estimates of Internet license revenue; reiterates STRONG BUY rating.
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