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Technology Stocks : Concentric Network Corporation (CNCX)
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To: Dale Stempson who wrote (151)10/22/1998 10:46:00 AM
From: Dale Stempson   of 377
 
Another New Buy Rating Today

BancBoston Robertson Stephens Initiates Coverage of Concentric Network Corporation With a Buy Rating

SAN FRANCISCO, Oct. 22 /PRNewswire/ -- The following is being issued by BancBoston Robertson Stephens, a member of the National Association of Securities Dealers, CRD number 41271:

BancBoston Robertson Stephens senior information services/business services and applied technology analyst Richard Juarez initiated coverage today of Concentic Network Corporation (Nasdaq: CNCX - news), with a buy rating. Concentric Network Corporation is one of the leading integrated providers of Internet access and hosting solutions for individuals and companies seeking to outsource their access and hosting requirements.


''Concentric provides companies with 'one-stop shopping' Internet access and hosting. The company is well poised to capture a large share of this high-growth market that is expected to grow from $8.0 billion in 1998 to over $25 billion by the year 2000,'' said Juarez.

BancBoston Robertson Stephens is a leading international investment banking firm focused on emerging growth companies. The firm's 55 senior research analysts cover over 575 companies.

biz.yahoo.com

Regards - Dale
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