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Coleman and Company Securities Announces Investment Opinion on Max Internet Communications.


NEW YORK--(BUSINESS WIRE)--Dec. 7, 1999--

Max Internet Communications (MXIP):

Coleman and Company Initiates Coverage with a BUY

Coleman and Company Securities, Inc., the New York-based investment banking and brokerage firm, has initiated coverage on Max Internet Communications (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: MXIP) with a "BUY" recommendation. In a report dated December 6, 1999 by analyst Christopher Moore Christopher Moore may refer to:
  • Christopher Moore (DJ) (born 1941), British/American radio broadcaster
  • Christopher Moore (author) (born 1957), American author
  • Christopher John Moore (born 1970), English musician and painter
  • Christopher Scott Moore
, Coleman recommends the purchase of Max Internet's common stock for risk oriented investors. Coleman has set a 12-month price target of $22 for the stock.

Max Internet manufactures and markets the Max i.c.Live product. Max i.c.Live is an Internet Media Processor which accelerates video processing Video processing techniques are used in video codecs, video players and other devices. For example—commonly only design and video processing is different in TV sets of different manufactures.  over the Internet - providing broadcast quality. The Max i.c.Live is a parallel processor for video. It was not designed to replace the existing primary processor in a computer, but to enhance it by carrying the video processing load. The Max i.c.Live offers the perfect complement to video conferencing See videoconferencing.

(communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications.
 companies, video streaming See streaming video and video stream.  companies, and broadband providers. It provides technology that expands the potential for all of these markets.
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Publication:Business Wire
Date:Dec 7, 1999
Words:177
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