PINC.............. PlanetCity.com (OTCBB:PINC) with a 6 month target of $8-10 per share
Wire THESUBWAY.COM ANNOUNCES INVESTMENT OPINION BUSINESS EDITORS NOTE TO EDITORS: THE FOLLOWING IS AN INVESTMENT OPINION ISSUED BY THESUBWAY.COM WESTON, FLA.--(BUSINESS WIRE)--AUG. 10, 1999--
--------------------------------------------------------------------------------
WESTON, Fla.--(BUSINESS WIRE)--Aug. 10, 1999--
TheSubway.com announces investment opinion on PlanetCity.com (OTCBB:
PINC) with a 6 month target of $8-10 per share, US Web (NASDAQ: USWB.O)
and Network Solutions (NASDAQ: NSOL.O).
TheSubway.com announces investment opinion on PlanetCity.com (OTCBB:
PINC) with a 6 month target of $8-10 per share, US Web (NASDAQ: USWB.O)
and Network Solutions (NASDAQ: NSOL.O).
PlanetCity.com (OTCBB: PINC.O) recently announced that it teamed up
with ConSyGen (OTCBB: CSGI.O) as well as the creation of a new Web
Services Division. More excitingly, the company has announced that it
will be profitable in September of this year and that their recent
acquisition of its web services division is currently profitable. The
momentum building behind the company and its future direction is a
good reason for consideration of the company to be an undiscovered
rising star. The company's main focus is in mainframe, client /
server, PC and internet environments around the world.
The variety of full services offered to customers should enhance
customers' sales and marketing functions as well as integrate back
office automation. This should build existing relationships as well as
start new ones. This will lead to an increase in profitability. The
Company is looking to earn $.25 per share in 1999, and $.95 per share
in 2000. We feel that a 6 month target of $8.00 - $10.00 is
conservative.
US Web (NASDAQ: USWB.O) a leading professional services firm, works
with companies to define strategies and implement innovative ways to
build their businesses by combining the expertise of strategy,
Internet technology and marketing communications. To many, US Web is
the leader in internet development strategies. Their clients consist
of: Harley Davidson (NYSE: HDI), Apple Computer (NASDAQ: AAPL.O), BBC
Worldwide, Furniture.com, Warner Brothers, Wolf Garten, CNN / Sports
Illustrated Interactive, Levi's, Ocean Spray and Dockers. The stock is
well of it's 52 week high down from 47 currently trading at around 18.
Look for the stock to form a base around this level and watch for a
steady upward climb.
Network Solutions (NASDAQ: NSOL.O) is the world's leading
registrar, with more than 5 million net registrations. Network
Solutions registers the majority of Web addresses worldwide through
various channels including almost 200 companies in its Premier
program. Network Solutions has created value-added small business
solutions through agreements with leading companies such as American
Express (NYSE: AXP) and Microsoft (NASDAQ: MSFT.O). Through its Alliance
Program, Network Solutions works closely with EarthLink (NASDAQ:
ELNK), MindSpring Enterprises, Inc. (NASDAQ: MSPG.O), Interliant,
Inc.(formerly Sage Networks, Inc.) (NASDAQ: INIT.O), ValueWeb (NASDAQ:
ESPI) and Interland, Inc. Network Solutions also has entered into
marketing agreements with companies including Yahoo! Inc. (NASDAQ:
YHOO) and Netscape Communications Corporation. With a 52 week high of
almost $154, we feel that when the company starts to turn consistent
profits, we will see the stock explode. We feel that this is one to
watch and possibly start accumulating over the next 6 months.
About TheSubway.com
TheSubway.com, a wholly owned online asset of Capital Research
Group, Inc. was developed solely for experienced, risk tolerant
investors. Subscribers to TheSubway.com receive daily market
commentary reports for select companies trading on various markets.
Sophisticated investors are also able to receive for free, select,
rare research reports and investor kits on up and coming emerging
companies while they are still not widely known.
About Capital Research Group Inc.
Through TheSubway.com, Capital Research Group (CRG) introduces
fundamentally sound, undervalued companies to the investment
community. Capital Research Group strives to locate companies with
enormous growth potential. CRG is a full service public relations /
Investor relations firm. For more information about our products or
services, please contact CRG at 954-217-9555 or visit us at
thesubway.com
All material herein was prepared by Capital Research Group Inc.
(CRG) based upon information supplied by the company or other sources
believed to be reliable. The information contained herein is not
guaranteed by CRG to be accurate, and should not be considered to be
all-inclusive. This discussion contains forward-looking statements
that involve risks and uncertainties. The company's actual results
could differ materially from those described in any forward-looking
statements or announcements discussed within. This material is for
information purposes only and should not be construed as an offer or
solicitation of an offer to buy or sell the securities. CRG is not a
licensed broker, broker dealer, market maker, investment banker,
analyst or underwriter. Please consult a broker before purchasing or
selling any securities viewed on www.thesubway.com. CRG, its
affiliates, and/or its officers, directors and employees may from time
to time have a position in these securities. CRG has been compensated
by one or more companies listed herein (150,000 shares of PINC by a
third party) for the preparation and distribution of this report.
Detailed information about which is available by visiting
thesubway.com. Also any questions about this can be
answered by calling Capital Research Group Inc.
Direct.
--30--eb/ny*
CONTACT: Charles T. Tamburello
President / CEO
Capital Research Group Inc.
Phone: 954-217-9555
Fax: 954-389-5756
Email: chuck@TheSubway.com
KEYWORD: FLORIDA |
