Interesting article on cheap nets found while looking over PILT:
cnnfn.com
Looks like PILT IPO'd at the wrong time of year (early Fall 98)
Check out what it's underwriters did to it... sheesh, never have seen this before
Tuesday October 20, 1998
Pilot Networks downgraded by BB Rbrtsn Stphns, Hambrecht & Quist - Briefing.com - 6:06 pm
Wednesday September 9, 1998
Pilot Network (a) coverage initiated by Hambrecht & Quist - Briefing.com - 4:32 pm
Tuesday September 8, 1998
Pilot Network Svcs (a) coverage initiated by BB Rbrtsn Stphns, CS First Boston - Briefing.com - 4:32 pm
Summary of what PILT does... note: its growth rate isn't as prestigious as say EXDS or VRSN (it seems to do a little of both worlds, hosting and security)
Pilot, the Security Utility Service pioneer, enables secure e-commerce through services with built-in security to protect
enterprise applications and networks. Services include secure e-commerce hosting; secure Internet access and gateways; and
extranet/virtual private networks (VPN) with encryption, authentication, access control, virus scanning, and Web filtering -- all
protected by the Pilot Heuristic Defense Infrastructure. Pilot connects corporations to the Internet through Network Security
Centers located in the San Francisco Bay Area, Los Angeles, Chicago, New York, Boston, Washington DC, and London.
Headquartered in Alameda, Calif., |
