(PR NEWSWIRE) Donner Corp. International Upgrades to Buy Recommendation on Mu
Donner Corp. International Upgrades to Buy Recommendation on Mustang.com, Inc.
SANTA ANA, Calif., Feb. 22 /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 upgraded to a Buy Recommendation on Mustang.com, Inc.
(Nasdaq: MSTG), (formerly Mustang Software), Bakersfield, California. Donner
issued a Speculative Buy Recommendation on Mustang.com on November 12, 1999.
Mustang.com designs, develops and supports Internet and e-mail based customer
management software applications.
Donner cited the Company's eight consecutive quarters of revenue growth at
a compounded rate of 17 percent. Revenues increased 85 percent to
$3.7 million in 1999 compared to $2 million in 1998. Donner also cited the
increased emphasis by Mustang.com on sales, marketing and engineering.
Donner also emphasized the announcement by Mustang.com that it has formed
an alliance with Government Technology Services, Inc. (Nasdaq: GTSI), one of
the largest providers of information technology solutions to Federal, state
and local governments, to market the Mustang Message Center e-mail management
solutions to the various levels of government.
The Mustang Message Center solution was named a "Hot Pick 2000" award
winner by Call Center News Service magazine. The magazine said, in giving the
award: "To our minds, Mustang.com offers the best of what has quickly become a
rich category of message-handling and automation tools." Mustang Message
Center improves e-mail management in high-volume customer service operations.
Donner said it believes that "Mustang.com is showing that it is the number
one choice in the e-mail management marketplace." Donner stressed that
Mustang Message Center, which has won numerous awards, is used by 3Com, Lucent
Technologies, The U.S. Mint, and Time Warner News Media, among hundreds of
others. Donner stressed it believes Mustang.com is significantly undervalued
compared to its competitors. Kana Communications (Nasdaq: KANA) and EGain
Communications (Nasdaq: EGAN).
Copies of the Donner report on Mustang.com 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 for a fee.)
SOURCE Donner Corporation International
-0- 02/22/2000
/CONTACT: Donner Corp. International, 1-800-324-6050/
(MSTG GTSI EGAN KANA)
CO: Donner Corporation International; Mustang.com, Inc.; Kana Communications;
EGain Communications
ST: California
IN: FIN MLM
SU: RTG
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