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Non-Tech : Valley Media (VMIX) IPO -- Ignore unavailable to you. Want to Upgrade?


To: Blue On Black who wrote (78)4/21/1999 4:49:00 PM
From: Mr. Big  Read Replies (1) | Respond to of 298
 
If you liked NSOL, USAB, LCOS, EDFY, then you'll like VMIX!!!

Mr. Big has had a big month so you won't want to miss this one, assuming the wind continues at my back...

BancBoston Robertson Stephens Initiates Coverage of VMIX With a Buy Rating
SAN FRANCISCO, April 21 /PRNewswire/ -- The following is being issued by BancBoston Robertson Stephens, a member of the National Association of Securities Dealers, CRD number 41271:

BancBoston Robertson Stephens senior information and business services analyst Andrew W. Jeffrey today initiated coverage of Valley Media, Inc. (Nasdaq: VMIX - news), with a Buy rating. Valley Media, headquartered in Woodland, Calif., is a music and video distributor with facilities in California, Kentucky, Pennsylvania and Massachusetts.

''We are initiating coverage of Valley Media with a Buy rating and a 12-month price target of $40, as we believe the company is well positioned to drive growth in all of its business lines,'' said Jeffrey. ''We view Valley Media as the premier value-added distributor of music and video products. The company possesses a robust traditional distribution business, as well as the tremendous revenue producing potential of on-line music and video sales through its New Media division.''