Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (13741)	7/24/2000 2:02:46 PM
From: RockyBalboa	Read Replies (2) of 18998

Low fat and skimmed milk at BBRS? Look, they upgrade INTW! SAN FRANCISCO, July 24 /PRNewswire/ -- The following is being issued by Robertson Stephens, a member of the National Association of Securities Dealers, CRD number 41271: Initiating Coverage: Interworld Corp. (Nasdaq: INTW - news) Buy Andy DeSomma, Internet and eCommerce Applications ``We are initiating coverage of InterWorld Corp. with a Buy rating. Following the strength in the second quarter results and that the stock currently trades at less than five times our fiscal 2001 revenue estimate, we believe this represents an excellent buying opportunity," said DeSomma. "InterWorld's suite of products positions the company well for the oncoming demand in sell-side eCommerce application platforms and packaged applications markets, in our view. We believe the company is focusing its efforts on building more technology and implementation partnerships; we look for technology partnerships to add more product functionality and open new market opportunities. In our view, InterWorld is in the sweet spot of a huge market opportunity that is currently exploding."

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