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Technology Stocks : VerticalNet, Inc. [VERT]

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To: AmericanVoter who started this subject11/7/2000 11:43:27 AM
From: bob zagorin   of 1094
 
from BARS

VerticalNet, Inc. (Nasdaq: VERT) ($29.50)

Buy

Eric Upin, Business-to-Business eCommerce

"VerticalNet announced plans yesterday to acquire SierraCities.com, an online provider of small business leases and loans, in an approximately $133 million all stock purchase transaction, subject to a collar agreement," said Upin. "We believe the SierraCities.com acquisition represents VerticalNet's first major move to expand into horizontal services as the company builds out a proprietary B2B software and services platform."
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