To: MAXX who wrote (88421 ) 8/9/1999 9:55:00 AM From: SpinCity1 Read Replies (1) | Respond to of 119973
Still like SALN with 2.5 million float and 12 month target price of 17 With a Buy Rating SAN FRANCISCO, Aug. 6 /PRNewswire/ -- The following is being issued by Preferred Capital Markets, Inc., a member of the National Association of Securities Dealers, CRD number 10993: Preferred Capital Markets, Inc., a brokerage firm servicing both institutional and individual investors with a focus on technology, telecommunications and medical technology today initiates coverage of Salon.com (Nasdaq: SALN) with a Buy rating and a 12-month price target of $17. Paul Brahe has published a research report on Salon.com; Salon.com is an Internet media company that produces a network of subject-specific Web sites and a variety of online communities designed to attract Internet advertisers and electronic commerce partners. Preferred Capital Markets, Inc. provides proprietary research and trade execution services on an agency and principal basis for the securities and options markets. Clients include institutional investors, money managers, floor traders and high net worth individuals. Founded in 1982, Preferred Capital Markets is headquartered in San Francisco with offices in New York, Boston, Chicago and Philadelphia. The information contained herein is not and does not purport to be a complete analysis of every material fact respecting any company, industry or security. Preferred Capital Markets, Inc. and its affiliates make no representation as to whether any of the companies mentioned herein are in compliance with the informational reporting requirements of the Securities Exchange Act of 1934. The firm makes a market in the aforementioned security. Any statements nonfactual in nature herein constitute only current opinions or estimates, represent only the current judgment of the author(s), and are subject to change without notice. Preferred Capital Markets, Inc. (or one of its affiliates) or their partners, officers, directors, analysts, employees or customers may have an interest in the securities mentioned herein and may make purchases or sales as principal or agent of these securities, or their derivatives, while this report is in circulation. The information and opinions expressed herein do not constitute an offer or solicitation with respect to the purchase or sale of any security. Transactions in securities mentioned herein may be effected only in those states where such securities are qualified for sale. SOURCE Preferred Capital Markets, Inc. -0- 08/06/99 /CONTACT: Hillari Allen of Preferred Capital Markets, Inc., 415-733-3049/