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Technology Stocks : Concentric Network Corporation (CNCX) -- Ignore unavailable to you. Want to Upgrade?

To: DOUG H who wrote (341)	11/16/1999 11:46:00 AM
From: Scrapps	Read Replies (1) \| Respond to of 377

Concentric Network Named 13th of the 500 Fastest Growing Technology Companies Nationwide in Deloitte & Touche's Fast 500 Program Concentric Earns Top Ranking Based on the Company's Tremendous Revenue Growth SAN JOSE, Calif., Nov. 16 /PRNewswire/ -- Concentric Network Corporation (Nasdaq: CNCX - news), a leading provider of e-business solutions for small- to medium-sized companies, is named to Deloitte & Touche's prestigious Technology Fast 500, a ranking of the fastest-growing technology companies in the United States. Concentric ranked 13th nationwide, based on the company's strong revenue growth from 1994 to 1998. ''This validation from Deloitte & Touche is a testament to our talented team of employees at Concentric,'' said Henry R. Nothhaft, chairman, president and CEO of Concentric Network. ''This recognition not only highlights our tremendous revenue performance, but also underscores our ability to successfully execute in the marketplace. We are continuing to forge ahead as a leader in key areas such as DSL, applications hosting and virtual private networks, laying the foundation for continued aggressive growth.'' Now in its fifth year, the Fast 500 ranks the fastest-growing technology companies in the United States based on the percentage of growth in revenues from 1994 to 1998. Both public and private companies are included in the ranking, as well as many types of technology industries that in the end provide a snapshot of the industries that are driving the world economy today. All companies on this year's list experienced an average revenue growth rate of 4,998% during the five-year period between 1994-1998, which is 69% percent more than last year's Fast 500 winners. Concentric specifically had an 18,635% increase during this five-year period. ''We are extremely pleased to be a part of this group of industry leading companies,'' noted Mr. Nothhaft. ''Who says 13 is not a lucky number?'' Earlier this year Concentric was named sixth in Deloitte & Touche's Fast 50 companies in the Silicon Valley.

To: DOUG H who wrote (341)	12/13/1999 3:48:00 PM
From: Scrapps	Respond to of 377

Robertson Stephens Reiterates Buy Rating on CNCX SAN FRANCISCO--(BUSINESS WIRE)--Dec. 13, 1999--Robertson Stephens Senior eCommerce Analyst Richard A. Juarez today reiterated his Buy rating on Concentric Network Corporation (NASDAQ:CNCX - news). The company, headquartered in Cupertino, Calif., is a leading integrated provider of Internet access and hosting solutions. ''We are reiterating our Buy rating on Concentric, after the company announced its decision to file for CLEC status,'' said Juarez. ''In our view, this decision affirms our thesis that effective network management is essential to providing turnkey integrated access, hosting, and applications services, as well as managing a vital component of the Application Service Provider (ASP) value chain.'' ''We believe this CLEC status will enable Concentric to better control its network costs, extend its geographic presence, resell ILEC services and purchase ILEC transport services at more attractive wholesale rates,'' said Juarez. ''In addition, we feel the move augments Concentric's existing relationships with other DSL providers, and should allow the company to provision DSL to the end user at a faster rate.'' ''In our view, Concentric's hosting and eCommerce platform business continues to witness strong growth, especially with the surpassing of the 250,000 domain registration milestone,'' said Juarez. ''Overall, the quarter continues to track well, and could expect upside of $500K or better for the fourth quarter of 1999. We expect to see further cost advantages materialize in fiscal 2001, as benefits of the CLEC status are realized.'' Clients interested in receiving more information should contact their salesperson at (415) 781-9700. BancBoston Robertson Stephens Inc. (''Robertson Stephens'') is the leading full-service investment bank focused exclusively on growth companies. To date in 1999, the firm has completed over 130 offerings, raising more than $24 billion in capital for clients. The firm's 47 research analysts cover nearly 700 companies. Founded in 1978, Robertson Stephens is a section 20 subsidiary of Fleet Boston Corporation (NYSE: FLT - news) and a member of the NASD and all major exchanges. Together, Robertson Stephens, BancBoston Robertson Stephens International Ltd., and Robertson Stephens Evergreen Securities Ltd. employ over 1,000 employees worldwide with offices in Boston, San Francisco, New York, Menlo Park, Chicago, London, and Tel Aviv. For more information about the firm, please visit our Web site at www.rsco.com. The foregoing synopses are qualified in their entirety by the more detailed information contained in the full research reports, including the discussion of certain risks associated with an investment in the above-mentioned securities contained in ''Investment Risks.''