VerticalNet, Inc. [VERT] Message Board

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Technology Stocks : VerticalNet, Inc. [VERT]

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To: jrjar who wrote (846)	3/21/2000 9:59:00 AM
From: Shivram Hala	Read Replies (1) of 1094

biz.yahoo.com On January 20, 2000, VerticalNet announced a commitment by Microsoft to invest $100 million ....... Addendum: zdii.com "VerticalNet CEO Mark Walsh told Reuters that Microsoft's storefront commitment would guarantee VerticalNet more than $200 million in revenue over three years" I think it was highly irresponsible on Barron's part to release such sloppy analysis. If you do your DD research you don't have to depend on these papers (lemming Papers) or these analysts. In essence Blodget estimates a double in 12 months while Barrons is essentially saying STRING SELL, VERT will burn cash so fast that in 6 months it'll be out of business. If you do depend on these analysts recommendations and not their research, here's blodgy's call. biz.yahoo.com Wednesday March 15, 11:08 am Eastern Time RESEARCH ALERT -VerticalNet started NEW YORK, March 15 (Reuters) - Merrill Lynch & Co. on Wednesday said it had begun research coverage on shares of online business-to-business marketplace operator VerticalNet Inc. with initial ratings of near-term accumulate, long-term buy. In a research note, analyst Henry Blodgett said: -- he set a 12-18 month price target of $350. -- he expects VerticalNet shares to remain volatile and would not be surprised to see shares consolidate over the near term. -- he would view any weakness in the stock as a buying opportunity. -- he considered VerticalNet a core business-to-business holding. -- VerticalNet shares were off 5 at 225 in late-morning trading on Nasdaq.

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