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Technology Stocks : Audible Inc-(Nadaq-ADBL) -- Ignore unavailable to you. Want to Upgrade?


To: HandsOn who wrote (81)8/10/1999 11:40:00 AM
From: Candle stick  Respond to of 165
 
Tuesday August 10, 11:17 am Eastern Time

Company Press Release

SOURCE: Wit Capital Corporation

Wit Capital Internet Analysts Jordan Rohan and
Jonathan Cohen Initiate Coverage on Audible with a
BUY Rating

NEW YORK, Aug. 10 /PRNewswire/ -- This release has been issued by Wit Capital Corporation, a registered broker-dealer
and member of National Association of Securities Dealers, CRD number 41499, and SIPC.

Wit Capital Corporation Research Analysts Jordan Rohan and Jonathan Cohen initiated coverage today on Audible (Nasdaq:
ADBL - news) with a BUY rating. Audible Inc., based in Wayne, NJ, provides premium spoken word content, including audio
versions of books, newspapers, magazines and other print publications as well as proprietary audio content, over the Internet.
This audio content can be downloaded onto a desktop PC or a portable audio player for convenient listening. ''Audible is
pioneer in the digital download of intellectual property,'' says Rohan. ''The company differentiates itself from other online
distributors of audio content by utilizing advanced, proprietary software and hardware and exclusive content, which could deter
competitive entry.''

Wit Capital was founded in 1996 as the first online investment banking firm. With offices in New York and San Francisco, Wit
Capital is an issuer-driven, Internet-centric company that offers a rapidly expanding array of investment banking services,
including underwriting for public offerings, private equity services, strategic advisory, and institutional quality research. Wit
Capital also offers individual investors online brokerage services which include access to IPO's and other securities offerings.

This report and others are available at htttp://www.witcapital.com/research/reports/reports.html

This release has been issued by Wit Capital Corporation, a registered broker-dealer and member of NASD and SIPC.

SOURCE: Wit Capital Corporation

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