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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: johnd who wrote (49282)	9/14/2000 12:43:29 PM
From: johnd	Read Replies (2) \| Respond to of 74651

ING Barings bullish on Data Return By Lisa Sanders, CBS.MarketWatch.com Last Update: 12:35 PM ET Sep 14, 2000 NewsWatch Latest headlines DALLAS (CBS.MW) - Data Return, which jumped on bullish analyst comments last week, got another lift Thursday after ING Barings initiated coverage of the Web hosting firm with a "strong buy" rating. The Dallas-based company, which has traded well off its high of $94.25 reached March 7, added $1.63 to trade at $24.75. In a research note, Barings echoed the sentiments of UBS Warburg last week, which named Data Return (DRTN: news, msgs) its top pick among Web hosting providers. Data Return provides managed services based exclusively on the Microsoft platform. Barings noted that Microsoft (MSFT: news, msgs), where Data Return's founders once worked, is expected to control about 45 percent of the operating systems of the $8 billion software market in 2002, according to Forrester Research. "We believe that Data Return has positioned itself as the clear beneficiary of the confluence of growth in hosting and in the MSFT platform," analyst Youssef Squali wrote. --- Interesting