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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?


To: Robert Gintel who wrote (13127)1/14/2000 11:13:00 AM
From: Rob C.  Respond to of 20297
 
MINNEAPOLIS, Jan. 14 /PRNewswire/ -- The following is being released by
Dain Rauscher Wessels, a division of Dain Rauscher Inc., which is a member of
the National Association of Securities Dealers, CRD number 31194:
Dain Rauscher Wessels e-finance analyst Jeffrey Runnfeldt today initiated
coverage of the following companies:
-- Sierra Cities.com (Nasdaq: BTOB), $16.12, with a Strong Buy-Aggressive
Risk rating. His 12-month price target is $30.
-- CheckFree Holdings Corp. (Nasdaq: CKFR), $79.25, with a Buy-Aggressive
Risk rating. The 12-month price target is $125.
-- NextCard Inc. (Nasdaq: NXCD), $33.25, with a Buy-Aggressive Risk
rating. The 12-month price target is $50.
-- E-Loan Inc. (Nasdaq: EELN), $16.12, with a Neutral rating.
-- Mortgage.com Inc. (Nasdaq: MDCM), $4.84, with a Neutral rating.
-- Net.B@nk Inc. (Nasdaq: NTBK), $18.94, with a Neutral rating.
Investors interested in receiving more information should contact their
Dain Rauscher Wessels salesperson.
The Dain Rauscher Wessels division includes equity research, equity
trading, institutional equity sales and corporate finance. The division's 37
analysts focus on five industries: consumer, energy, financial services,
health care and technology. Currently, the analysts follow more than 400
companies. The division, which employs 350 people, has offices in Austin,
Texas; Boston; Dallas; Houston; Menlo Park, Calif.; Minneapolis; New York
City; San Francisco; and Seattle.
Minneapolis-based Dain Rauscher Incorporated provides investment services
to individual investors and small businesses through offices in 26
predominantly western states, investment banking services to corporations and
municipalities nationwide, and trade clearing and settlement services to
non-affiliated broker-dealers throughout the United States and abroad. Dain
Rauscher Incorporated, one of the nation's largest full-service securities
firms, is a member of the New York Stock Exchange and other major securities
exchanges, as well as the Securities Investor Protection Corp.
Dain Rauscher Corporation (NYSE: DRC), its holding company, trades on the New
York Stock Exchange under the symbol DRC. The company's headquarters are
located at Dain Rauscher Plaza, 60 S. Sixth St.
Dain Rauscher Inc. makes a market in Sierra Cities.com, CheckFree
Holdings, E-Loan, Net.B@nk, NextCard and Mortgage.com, and may act as
principal with regard to sales or purchases of these securities. The
author(s) of the CheckFree Corp. report hold(s) a long position in the common
shares of CheckFree Holdings Corp.
Additional information on the securities mentioned is available on
request. This does not purport to be a complete statement of all material
facts related to any company, industry, or security mentioned. The
information provided, while not guaranteed as to accuracy or completeness, has
been obtained from sources believed to be reliable. The opinions expressed
reflect our judgment at this time and are subject to change without notice and
may or may not be updated. DRI, its officers, directors, affiliates, and/or
employees (including the authors of this report) may from time to time have a
long or short position in publicly or privately issued securities of companies
mentioned or derivatives thereof and may sell or buy such securities for their
own or related accounts. This notice shall not constitute an offer to sell or
the solicitation of an offer to buy, nor shall there be any sale of these
securities in any state in which said offer, solicitation, or sale would be
unlawful prior to registration or qualification under the securities laws of
any such state.

SOURCE Dain Rauscher Wessels