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Technology Stocks : VerticalNet, Inc. [VERT] -- Ignore unavailable to you. Want to Upgrade?


To: Sarkie who wrote (321)9/30/1999 11:00:00 AM
From: Sarkie  Read Replies (1) | Respond to of 1094
 
RESEARCH ALERT- Wachovia starts Vertical Net

NEW YORK, Sept 30 (Reuters) - Wachovia Securities Inc.
initiated research coverage of VerticalNet Inc. with a
long-term buy rating, Wachovia said on Thursday.
-- The 12-month price target is $49.
-- VerticalNet is the early leader in the creation of an
online business-to-business marketplace.
-- Estimates are for a per-share losses of $0.99 in 1999;
$0.75 in 2000; and $0.15 in 2001.
((-- Barbara Etzel, New York technology desk, (212)
859-1860))