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 More Quotes and News: Audible Inc (Nasdaq:ADBL - news) Related News Categories: banking, computers, entertainment