To: jan m. who wrote (37678 ) 5/1/1999 1:31:00 PM From: Jenna Respond to of 120523
BNE..I've watched this one for a while and it should be added to our databases as one that will move. Bowne could double share price - Business Week NEW YORK, April 29 (Reuters) - Bowne & Co. (BNE - news), a financial printer, software provider and market leader in electronic data-filing services, has recently caught the eye of investors, Business Week said. Bowne is undervalued, possibly worth twice its recent share price, according to money manager David Rocker of New York's Rocker Partners, Business Week reported in its May 10 edition. Bowne closed at $17.50 Thursday, down 12.5 cents, in trade on the American Stock Exchange. Rocker told the magazine that Bowne was mulling ways to enhance shareholder value, including taking public all or part of its new businesses, such as the software and electronic data units. Analyst Rudolf Hokanson of CIBC Oppenheimer thinks that while printing remains critical to Bowne's cash flow, new elements of the company will increasingly influence the valuation, Business Week said. Bowne has become an integrated Internet and e-commerce services provider, and owns a 12.6 percent stake in Edgar Online, which is set to go public. Bowne Internet Solutions Wins Creative Excellence Design Awards at 1999 International Web Page Awards NEW YORK, April 28 /PRNewswire/ -- Bowne Internet Solutions announced today that it has won two awards at the 1999 International Web Page Awards (www.webpageawards.com). Bowne won the Creative Excellence awards for the superior creative design skills applied to two financial institutions -- Blue Cross Atlantic (www.atl.bluecross.ca) and Fleet Financial (www.fleet.com). Bowne also provided strategic consulting, development and integration services for these clients. Bowne Internet Solutions, which specializes in the financial services industry, understands the design requirements for consumers who are purchasing or are interested in learning more about financial products and services -- financial ecommerce. The intention of the design and interactive architecture is to assist in moving consumers towards a ''buy'' decision -- and facilitate relationship management online. --------------------------------------------------------------------------------