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Technology Stocks : Ask Jeeves,Inc-(Nasdaq-ASKJ)

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To: rrufff who wrote (600)2/2/2003 4:22:32 PM
From: StockDung  Read Replies (1) of 838
 
U.S. Bancorp Piper Jaffray Initiates Coverage of ASKJ with a Strong Buy Rating and $193 Price Target; A Glimpse into the Future, A Knowledge Transfer Platform on the Web

MENLO PARK, Calif., Mar 21, 2000 (BUSINESS WIRE) -- U.S. Bancorp Piper Jaffray Vice President and Senior Internet Media & Marketing Analyst Safa Rashtchy, today initiated coverage of Ask Jeeves (ASKJ--$61 7/8, a) with a Strong Buy rating and 12-month price target of $193, based on a multiple of 30 times calendar 2001 revenues. Ask Jeeves is a premier personal service infrastructure company, which offers natural language search, knowledge advisors and other tools and assistance to over 80 million Web users and over 60 corporate clients. The company's websites, Ask.com and DirectHit.com receive over 10 million unique visitors but through its syndication network, Ask Jeeves reaches over 80 million total users.
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TWERNT THAT A HOOT?????
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