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To: T L Comiskey who wrote (9456)	1/29/2001 4:22:33 PM
From: T L Comiskey	Read Replies (1) \| Respond to of 13572

Monday, January 29, 2001 Lehman bullish on PPRO --11:40 am - By Michael Baron PurchasePro.com (PPRO: news, msgs) is adding $2.88, or 11.3 percent, to $28.38, after Lehman Bros. reiterated coverage of shares of the Las Vegas provider of business-to-business e-commerce services with a "strong buy" rating and a $60 price target. The firm said the stock represents an "attractive buying opportunity" at these levels, despite a 50 percent jump since mid-January. Lehman was also bullish on the company's relationship with AOL Time Warner (AOL: news, msgs). "Recent due diligence suggests PPRO's partnership with AOL has expanded well beyond its original scope and could provide significant upside in 2001," the firm said in research note to clients. Lehman also said it expects PurchasePro will announce strong results for the fourth-quarter on Feb. 12 as conversations with new customers have revealed a rise in average selling prices