Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: cabernetfranck who wrote (13405)	8/4/1999 11:30:00 AM
From: BarbaraT	Respond to of 108040

Buying EDIG here ... great opportunity.

To: cabernetfranck who wrote (13405)	8/4/1999 11:35:00 AM
From: Tassi	Respond to of 108040

I got some @ 14 RESEARCH ALERT - Merrill starts Interliant -------------------------------------------------------------------------------- NEW YORK, Aug 4 (Reuters) - Merrill Lynch said Wednesday it had initiated coverage of Web site management company Interliant Inc. INIT.O with ratings of near-term accumulate and long-term buy, and a 12- to 18-month price objective of $20. -- Interliant is a leading provider of Web site hosting, application hosting, and enhanced Internet services. Merrill said the market for such services is expected to grow to more than $30 billion in 2003 from $1 billion in 1998. -- Interliant has grown, and intends to continue to grow, both internally and through acquisition, Merrill said, adding that its consolidation strategy is a good one in a fragmented industry but comes with significant integration and operational challenges. -- The key issues with regard to Interliant, in Merrill's opinion, are the company's ability to successfully integrate, manage and grow acquired businesses, and accelerate the growth of its application hosting business. -- Interliant had a 7 million-share IPO priced in early July at $10 a share. It surged 85 percent in its first day of trading to a high of $18.50. -- Interliant raised $70 million in its IPO. Merrill was the lead underwriter. -- Shares of Interliant were trading at 13-5/8, off 2-13/16, on the Nasdaq stock market. REUTERS Rtr 11:09 08-04-99 Copyright 1999, Reuters News Service