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Technology Stocks : USinternetworking , USIX -- Ignore unavailable to you. Want to Upgrade?

To: Rupert who wrote (357)	1/12/2000 10:21:00 AM
From: DanielleC	Read Replies (1) \| Respond to of 605

HERE'S ONE BETTER!!!!! Robertson Stephens Initiates Coverage of USIX with a Buy Rating, 12-month Price Target of $90 SAN FRANCISCO--(BUSINESS WIRE)--Jan. 12, 2000--Robertson Stephens Senior eCommerce Analyst Rick Juarez, today initiated coverage of USinternetworking (NASDAQ:USIX) with a Buy rating. USinternetworking is a leading Application Service Provider or Virtual-Glass-House provider. USI has developed partnerships with multiple top-tier vendors of high-end business software and delivers these vendors' applications over the Internet to a growing customer base, largely medium-sized companies and divisions of larger firms. "We are initiating coverage of USinternetworking with a Buy rating and 12-month price target of $90," said Juarez. "In our view, demand is growing for outsourced-application services - essentially moving applications from onsite to offsite or vendor's premises. USI's services allow medium-sized firms to deploy and use high-end business software without heavy up-front investment or expensive IT personnel."