Donner Corp. International Issues Speculative Buy Recommendation on DynamicWeb Enterprises
SANTA ANA, Calif., April 12 /PRNewswire/ -- The following is being issued by Donner Corporation International, a member of the National Association of Securities Dealers, CRD number 37702.
Donner Corp. International, an Investment Banking firm headquartered in Santa Ana, Calif., today issued a Speculative Buy Recommendation on DynamicWeb Enterprises, Inc., Fairfield, N.J., (OTC Bulletin Board: DWEB - news), and initiated coverage on the Company, which is a leader in providing Internet services and software to enable business-to-business electronic commerce.
DynamicWeb has had significant early success in an explosive growth market (Internet/EDI), where the Company's recent 200% increase in annual sales well exceeded the market's projected 140% CAGR. In addition, the Company has established an impressive list of clients, including Rite Aid Corp., Southern New England Telecommunications and GTE Supply, the new report said.
The Donner report recommends DynamicWeb because it ''possesses the
knowledge both scientifically and strategically to make a significant impact on the booming E-commerce market.'' DynamicWeb's E-commerce solutions, utilizing Internet technology, maximize the value of existing EDI infrastructure, enabling Global 2000 firms to significantly enhance the efficiency and effectiveness of their on-going business-to-business E-commerce program.
In the report, Donner Corp. said that DynamicWeb's market capitalization is substantially below other Internet business-to-business companies, VerticalNet, viaLink, and RoweCom, even though a large market exists for the Company's products and services.
Copies of the report are available from Donner Corporation at 800/324-6050.
SOURCE: Donner Corporation International
Monday April 12, 5:00 am Eastern Time
DISCLAIMER: DWEB IR is the official voice of DWEB. In fact DWEB IR is the Investor Relations Department of DynamicWeb Enterprises, Inc.
Additionally, this is not an offer to sell or a solicitation to buy DynamicWeb securities. For additional information, see the Company's periodic SEC filings which can be found at www.sec.gov (edgar data base). |
