E*OFFERING Teams with Yahoo! as Provider of Stock Market Analysis and Commentary
/FROM PR NEWSWIRE SAN FRANCISCO 415-543-7800/
TO BUSINESS AND TECHNOLOGY EDITORS:
E*OFFERING Teams with Yahoo! as Provider of
Stock Market Analysis and Commentary
E*OFFERING Analyst Team to Provide Daily and
Weekly Insights to Yahoo! FinanceVision
SAN FRANCISCO, March 13 /PRNewswire/ -- E*OFFERING, a pioneer in the
rapidly growing Internet investment banking industry, today announced that it
has signed an agreement with Yahoo! Inc. ((Nasdaq: YHOO) - STRONG BUY,
$178-1/16) to provide stock market analysis and commentary for the newly
developed Yahoo!(R) FinanceVision (http://financevision.yahoo.com). Launched
today, Yahoo! FinanceVision is the Web's first live, multimedia programming.
Viewers that select the Yahoo! Morning Call will be provided with
E*OFFERING's pre-market opening commentary, as well as analysis on specific
stocks and general market strategies. E*OFFERING's Morning Call will be
recorded daily and made available at 6:00 a.m. PST. Additionally, E*OFFERING
analysts will appear live on Monday mornings at approximately 7:40 a.m. PST to
present timely insight on market events as well as a look forward to the week
ahead.
This new agreement with Yahoo! further deepens E*OFFERING's reach into the
online investing audience. Already accustomed to the advantages of using the
Internet to gain access to IPOs, research, and other online investment banking
products through E*OFFERING, this audience represents a new investor group
further attracted by additional, in-depth industry analysis delivered at no
cost.
"E*OFFERING is rapidly becoming a leader in online investment banking, and
today's announcement with Yahoo! provides us with one of the best platforms on
the Internet to distribute our research and insight," said Steve King,
president and CEO, E*OFFERING. "Our research distribution is targeted for the
Internet audience. We look forward to delivering compelling ideas to Yahoo!
FinanceVision that will be both timely and actionable."
To date, the E*OFFERING research team has done more than just cover
technology and Internet-based companies within the well-defined, traditional
sectors of business. They have taken steps to begin to identify new and
redefine emerging sectors of e-business. Some of these sectors include
E-Nabling Solution Providers, E-Business Software and Services, and E-Services
Automation. In addition, E*OFFERING analysts cover E-Healthcare, E-Content,
and E-Marketing, among other sectors, as well as provide technical analysis
and commentary on a daily and weekly basis. All of the E*OFFERING analysts
will be participating in Yahoo! FinanceVision.
"E*OFFERING's vision of investment banking and research for the Internet
age speaks well to the audience Yahoo! FinanceVision is targeting," said Eric
Scholl, executive producer and director, Yahoo! FinanceVision. "E*OFFERING's
research will resonate with our users, satisfying users' demand for
high-quality, real-time research. We are happy E*OFFERING is contributing to
Yahoo! FinanceVision from the beginning. "
Further information, including reports and analysis from the E*OFFERING
research team is available on the website at eoffering.com.
E*OFFERING is the first online investment bank designed to become the
e-channel of choice for both issuers and investors. E*OFFERING complements the
reach of traditional investment banks by structuring the online offering as an
integral part of the capital-raising process. Through its reach into the
retail market, E*OFFERING is changing the dynamics of investment banking to
reflect the opportunities created by the Internet economy.
About E*OFFERING
E*OFFERING (member NASD/SIPC), headquartered in San Francisco, was founded
in January of 1999 with the objective of democratizing the capital markets. It
successfully enables its issuers to access and use capital more effectively by
leveraging the broadest investment community of retail, mid, and top-tier
investors. E*OFFERING has combined financial expertise, top-notch people,
Internet infrastructure, and business model to enable this. Funding for
E*OFFERING was provided by E*TRADE Group, Inc. ((Nasdaq: EGRP) $26-1/2),
General Atlantic Partners, SOFTBANK Venture Capital, New Enterprise
Associates, Battery Ventures, Crosspoint Venture Partners, Sandy Robertson,
founder and former CEO of Robertson Stephens & Co., and Walter Cruttenden,
founder and former CEO of Cruttenden Roth.
Additional information is available upon request.
NOTE: E*OFFERING may make a market in any or all of the above securities,
may have been an underwriter of these companies' securities within the past
three years, may hold a position, long or short, or in aggregate over 5% of
the outstanding shares, and may have an employee who is on the board of
directors of any of these companies. Options may be available on these
securities.
Unless otherwise noted, prices are as of Friday, March 10, 2000.
Trademark Information
E*OFFERING is a trademark of E*OFFERING Corporation. Yahoo! and the Yahoo!
logo are trademarks and/or registered trademarks of Yahoo! Inc. All other
names are trademarks and/or registered trademarks of their respective owners.
SOURCE E*OFFERING
/CONTACT: Rich Horn or Jennifer Cross, both of E*OFFERING, 415-618-6200,or fax,
415-618-6202; or Jennifer O'Mahony or Chris Toth, both of Blanc &Otus,
415-912-2300, or fax, 415-912-2350/
/Web site: financevision.yahoo.com
/Web site: eoffering.com
Mar-13-2000 10:17 GMT
Symbols:
US;EGRP US;YHOO XE;YHOO
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