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To: pierceaero who wrote (104934)	6/14/2000 5:32:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>Hard to find any news. Karen Karen, you've got to be kidding? >Raising Estimates Autonomy Corporation (Nasdaq: AUTN) 2000 EPS: $0.16 from $0.11 2001 EPS: $0.45 from $0.17 Long-Term Attractive Derek Brown, European Internet eCommerce "We have adjusted our model and revised our forecasts for Autonomy following the recently announced first quarter 2000 results," said Brown. "The revisions reflect better-than-expected performance in first quarter 2000, recent acquisitions, the translation to U.S. GAAP, and better visibility into future earnings streams from OEM and other business streams." >CAMBRIDGE, England--(BUSINESS WIRE)--June 8, 2000--Autonomy (EASDAQ/NASDAQ:AUTN), a leading provider of infrastructure technology, announced a deal today, which means that for the first time its technology will be available to businesses via an ASP (Application Service Provider) platform. The deal, with one of the world's leading ASP providers, Computeraid, means that businesses will be able to harness the power of Autonomy's technology on a "pay-as-you-go" basis. Autonomy's technology is currently used by many of the world's leading companies including General Motors, Reuters, Ericsson, Merrill Lynch, Volkswagen and the US Department of Defense, to automatically make sense of the vast amounts of information stored on corporate Intranets and commercial websites. The deal means that SMEs can gain access to the power of this technology on an outsourced basis. KNOWLEDGEfirst, which is based on Autonomy's award-winning Portal in a Box software(TM), will be available via ComputerAid's brand new ASP platform, WASP, which has been specially developed to provide a fully scalable, flexible e-business solution. Autonomy's software uses advanced pattern recognition technology to analyse and rank the ideas within any piece of text, regardless of its language or format. Having this unique ability allows Autonomy to automate the most time-consuming and costly functions involved with deploying an eBusiness solution or corporate portal, including categorising, tagging, hypertext linking and personalising the delivery of content. Dr. Mike Lynch, CEO and founder of Autonomy, commenting on the deal said, "This is an important step for Autonomy as the ASP market is a significant growth area at the moment and looks set to become the next stage in the foundation of the new Internet economy. We are delighted to be working with Computeraid, a well- established and respected partner, in this endeavour." Dr. Lynch continued: "All businesses, whether large or small, have massive amounts of unstructured information which needs to be managed efficiently and easily. Our software removes the need for manually tagging or indexing documents by automating this process, and allows companies to concentrate resources on their core business. " Computeraid have established a partnership with hardware vendor Compaq to underlie their ASP offerings. >NEW YORK, June 5 (Reuters) - Banc of America analyst Greg Vogel on Monday initiated coverage of British software maker Autonomy Corp. <AUTN.O><AUTN.ED> with a buy rating and a price target of $135 per share. -- shares of Autonomy were up 9 at 119 on the Nasdaq stock market. -- Autonomy's technology lets corporate customers and media companies to efficiently manage, organize, distribute, and search text-based information in the electronic commerce, new media publishing, and corporate portal markets. -- Vogel said he views company as leading provider of Internet infrastructure software developed to automatically process large amounts of unstructured information. -- said Autonomy is the early leader in an emerging market and said company has signed significant corporate and new media customers and will benefit long term from significant OEM relationships. -- said he believes revenue growth has the potential to accelerate in 2000 from the 165 percent year-over-year growth recorded in 1999 and currently sees 170 percent revenue growth in 2000. -- sees 2000 earnings of 17 cents per share on $59.4 million in revenue and 2001 earnings of 46 cents per share on $103.4 million in revenue. -- said Autonomy reached an operating profit in the first quarter of 2000, but expects the company to continue spending aggressively in effort to capture market share. -- said his model assumes 16 percent sequential revenue growth in the second quarter of 2000 to $13.6 million and earnings of 3 cents per share. 11:43 06-05-00