To: Doug Robinson who wrote (69977 ) 11/5/1999 2:05:00 PM From: BRANDYBGOOD Respond to of 120523
NSOL-target raised by prudential from 180 to 225 REUTERS) RESEARCH ALERT-Prudential raises Network Solutions RESEARCH ALERT-Prudential raises Network Solutions NEW YORK, Nov 5 (Reuters) - Prudential Securities said on Friday it raised its price target on shares of Network Solutions Inc. <NSOL.O> to $225 from $188. -- reiterated its "strong buy" rating on the stock. -- "Now that Network Solutions has a ratified agreement with the Internet Corp. for Assigned Names and Numbers (ICANN) and the Department of Commerce, we expect negative share volatility to abate." -- "We expect Network Solutions to take a far more aggressive position in increasing their visibility to the marketplace. Specifically, we expect greater, print, radio and television advertising." -- Shares of Network Solutions, which were unchanged before the research was issued, were up 2-3/8 at 140-3/4 in Friday afternoon trading on the Nasdaq stock market. ((--Wall Street Desk, 212-859-1730)) REUTERS *** end of story *** (REUTERS) RESEARCH ALERT-Prudential raises Network Solutions RESEARCH ALERT-Prudential raises Network Solutions NEW YORK, Nov 5 (Reuters) - Prudential Securities said on Friday it raised its price target on shares of Network Solutions Inc. <NSOL.O> to $225 from $188. -- reiterated its "strong buy" rating on the stock. -- "Now that Network Solutions has a ratified agreement with the Internet Corp. for Assigned Names and Numbers (ICANN) and the Department of Commerce, we expect negative share volatility to abate." -- "We expect Network Solutions to take a far more aggressive position in increasing their visibility to the marketplace. Specifically, we expect greater, print, radio and television advertising." -- Shares of Network Solutions, which were unchanged before the research was issued, were up 2-3/8 at 140-3/4 in Friday afternoon trading on the Nasdaq stock market. ((--Wall Street Desk, 212-859-1730)) REUTERS *** end of story ***