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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (19613)	4/28/2000 12:06:00 PM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 29382

Value Line Initiates Coverage of Acacia Research with $100 price target (guess what Surge? unlike your research, value line counts and it can't be bought) PASADENA, Calif.--(BUSINESS WIRE)--April 28, 2000--Acacia Research Corporation (Nasdaq/NMS:ACRI) reported today that The Value Line Investment Survey initiated coverage of the company in the April 28, 2000 edition. The Value Line Investment Survey is the world's most well-respected and widely distributed independent stock research service. The report discusses the IPO and business prospects of the company's well-financed subsidiaries and includes long-term price projections from $60 to $100 per share. About Acacia Research Corporation Acacia Research develops and operates Internet and technology-related businesses as well as acquires strategic positions in other companies. Acacia Research's majority-owned subsidiaries include: Acacia Launchpad LLC (Internet incubator), CombiMatrix Corporation (biochip technology), MerkWerks Corporation (software development), Soundbreak.com Incorporated (music broadcast and lifestyle Internet site), and Soundview Technologies Incorporated (v-chip technology). Significant minority-owned affiliates include: The EC Company (b2b eTransactions), Greenwich Information Technologies LLC (video- and audio-on-demand technology), Mediaconnex Communications (b2b e-commerce), and Signature-mail (personalized e-mail service). Acacia Research's website is located at acaciaresearch.com. This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements address future events and conditions concerning the Company's business plans. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties, such as future economic conditions, changes in consumer demand, legislative, regulatory and competitive developments, and other circumstances affecting anticipated revenues and costs, which may cause actual results to differ materially. Acacia Research urges investors to review in detail the risks and uncertainties disclosed in the Company's filings under the Securities Exchange Act of 1934, as amended, including, but not limited to the Company's annual report on Form 10-K for the year ended December 31, 1999 and the Company's Registration Statement on Form S-3/A filed on February 7, 2000, copies of which can be obtained from the Company or the Securities and Exchange Commission. The Company expressly disclaims any future obligation or undertaking to update or revise any forward-looking statement contained herein.