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Technology Stocks : Interliant, Inc. (INIT) -- Ignore unavailable to you. Want to Upgrade?


To: gedale fenster who wrote (436)7/26/1999 10:10:00 PM
From: Susan Saline  Read Replies (2) | Respond to of 1214
 
I traded out of ADBL and onto INIT today at 17 3/8 cause the 'quiet period' comes upon us soon.
24 days, I believe, after initial trading day of July 8.
After the quiet period comes upgrades and new analyst coverage.

These are the backers of INTERLIANT INC:
The underwriters for this offering are managed by Merrill Lynch & Co., Donaldson, Lufkin & Jenrette and CIBC World Markets.

Business Summary
INIT is a provider of a comprehensive suite of hosting and enhanced Internet services that enable customers to deploy and manage their Web sites and network-based applications more effectively.
For the 3 months ended 3/99, revenues totalled $5.4M, up from $13K. Net loss totalled $7.2M, up from $539K. Revenues benefitted from the acquisition of 15 various businesses. Higher loss reflects increased S/G/A expenses associated with the acquisitions.