Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : NetZero Inc-(NZRO) -- Ignore unavailable to you. Want to Upgrade?

To: PartyTime who wrote (314)	11/17/1999 12:12:00 AM
From: Glenn Petersen	Read Replies (1) \| Respond to of 513

ING Barings rates AOL a "Buy" and NZRO a "Hold", noting that NZRO's business model is "unproven." biz.yahoo.com Tuesday November 16, 11:33 am Eastern Time RESEARCH ALERT - ING Barings starts ISP companies CHICAGO, Nov 16 (Reuters) - ING Barings analyst Youssef Squali on Tuesday started coverage of Internet service providers including Verio Inc. (NasdaqNM:VRIO - news), America Online Inc. (NYSE:AOL - news), Prodigy Communications Corp. (NasdaqNM:PRGY - news), and NetZero Inc. (NasdaqNM:NZRO - news). -- In a research note, Squali said he started Englewood, Colo.-based Verio, the nation's largest provider of Internet connectivity to small and medium sized enterprises, with a strong buy. He also set a 12-month price target for the company's shares of $53 per share. -- Shares of Verio rose 15/16 to 41-7/16 in morning trade on Nasdaq. -- Squali started Dulles, Va.-based America Online, the world's largest Internet service provider, with a buy and a 12-month price target of $180 to $185 per share. -- Shares of America Online rose 3-3/16 to 151-15/16 on the New York Stock Exchange. -- Squali started White Plains, N.Y.-based Prodigy with a buy and a 12-month price target of $28 to $30 per share. He also added that the company is likely to make more acquisitions of second tier Internet service providers at attractive valuations as segmentation and consolidation sweeps the industry. -- Shares of Prodigy were off 1/16 at 22-13/16 on Nasdaq. -- Squali started Westlake Village, Calif.-based NetZero, which offers users free Internet access in exchange for viewing advertisements, with a hold. He said NetZero's leadership position in the industry bodes well as the niche segment grows, but said the business model remains unproven. -- Squali also said he believes the company's stock is fairly valued at current levels. Shares of NetZero rose 5/16 at 24-13/16 on Nasdaq.