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Technology Stocks : Andover.Net (ANDN) -- Ignore unavailable to you. Want to Upgrade?

To: Kevin who wrote (111)	1/3/2000 9:42:00 AM
From: Goutam	Respond to of 160

Kevin, I got into this stock at $39 four days ago. I'm in it just for a short term play. Here is link to a report released by WR Hambrecht Co., with a Market out perform rating. Hope this would create some upturn in this stock - biz.yahoo.com _______________ WR Hambrecht + Co Initiates Coverage of Andover.Net, Inc. (ANDN) With a Market Outperform rating SAN FRANCISCO, Jan. 3 /PRNewswire/ -- The following is being issued today by WR Hambrecht + Co, a member of the National Association of Securities Dealers, CRD number 45040: WR Hambrecht + Co, the online investment bank, today announced that it is initiating research coverage of Andover.Net, Inc. (Nasdaq: ANDN - news) with a Market Outperform rating. The complete Andover.Net research report can be accessed at wrhambrecht.com. Andover.Net is a leading Linux/Open Source Internet destination, with a total of over 2.5 million users and over 50 million page impressions on a monthly basis. Its network of Web sites provides an independent, unbiased source for content, community, and commerce for the Linux/Open Source communities. Andover.Net properties include Slashdot (slashdot.org), a Web site for Linux/Open Source news, community comments, and resources, and Freshmeat (freshmeat.net), where Open Source developers and users can exchange information to collaborate on Linux/Open Source projects. The Open Source methodology is an entirely new paradigm in software development, sales, marketing, and distribution that has fundamental advantages over current, proprietary development methodologies and is having a significant impact in the corporate IT marketplace. Through its collaboration platform, Andover.Net is able to aggregate developers and users of Open Source projects, and to facilitate the communication that spawns this new software development process. "Linux and Open Source are changing the corporate IT landscape. Andover.Net, like VA Linux (Nasdaq: LNUX - news) and Red Hat (Nasdaq: RHAT - news), is one of the companies driving this change," said Scott Olsen, Linux/Open Source research analyst at WR Hambrecht + Co. "We believe Andover.Net has a tremendous market opportunity to offer services that leverage its position as a key intermediary between corporations, developers, and users of Open Source software." With the leading market share (58%) of the commercial Linux/Open Source traffic, Andover.Net also has a very attractive demographic from an advertising perspective. Andover.Net plans to leverage the active participation of its large developer base to engage in three revenue lines: advertising from its site, ecommerce sales, and creation of Corporate Services. Keys to growth will be strategic acquisitions, continued attraction of Open Source developers, and development of new and compelling corporate services based on the knowledge created at its collaboration sites. About WR Hambrecht + Co ... CUT ... Goutama