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Technology Stocks : InfoSpace.com -- Ignore unavailable to you. Want to Upgrade?

To: Stephen who wrote (982)	7/22/1999 11:43:00 AM
From: Techplayer	Read Replies (1) \| Respond to of 3070

From the internetanalyst..INFOSPACE.COM (INSP): The introduction of new services in 2Q99 that should contribute significant revenue to the company's bottom line led Dain Rauscher Wessels to rate the stock of INFOSPACE.COM a STRONG BUY, with a price target of $83. In early trading July 19, the company's shares were at $57.18. The brokerage noted that the introduction of the ActiveShopper and ActivePromotions should measurable boost the company's revenue through cross selling to its 110 affiliates. The brokerage forecasts a loss of $0.02 per share for FY99, an adjustment from its previous forecast of a loss of $0.08 per share for the year. For FY00, it forecasts EPS of $0.02. For 2Q99, the brokerage raised its EPS estimate to a loss of $0.01 per share, from a loss of $0.04 per share. There were 12 new reports about the company added to our database last week. Research about the company was accessed 10 times in June.