Dain Rauscher Wessels Expands B2B Enablers and e-marketplaces; Initiates Ratings On Five Companies.Business Editors & Analysts NOTE TO EDITORS: The following is an investment opinion issued by Dain Rauscher Wessels. MINNEAPOLIS--(BUSINESS WIRE)--Aug. 11, 2000 Dain Rauscher Wessels equity analyst Kash Rangan today introduced coverage on five business to business enablers and e-marketplaces. He initiated coverage of the following companies: -- i2 Technologies (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ITWO ITWO I2 Technologies (stock abbreviation, AMEX) ), $144.25, with a Strong Buy-Aggressive Risk rating. -- Commerce One (NASDAQ: CMRC CMRC Canadian Motosport Racing Club CMRC Commerce One Inc. (stock symbol) CMRC Caribbean Marine Research Center CMRC Crime Mapping Research Center CMRC Credit Management Research Centre (UK) ), $48.50, with a Buy-Aggressive Risk rating. -- Internet Capital Group (NASDAQ: ICGE), $31.62, with a Buy-Aggressive Risk rating. -- VerticalNet (NASDAQ: VERT), $42.62, with a Buy-Aggressive Risk rating. -- FreeMarkets (NASDAQ: FMKT FMKT Freemarkets, Inc. (stock abbreviation, AMEX) ), $56, with a Buy-Speculative Risk rating. Rangan identifies two distinct business models that will propel growth in the B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business space. B2B enablers are essentially high-value Web-architected software solutions that are used to build e-marketplaces and/or automate inter-enterprise business processes. Key enablers that capture the power and essence of B2B include supply chain collaboration, catalog/content management, collaborative design, channel management, e-procurement, e-market management and order fulfillment. DRW DRW Drawing(s) DRW Dual Rear Wheels (pickup truck) DRW Detroit Red Wings DRW Darwin, Northern Territory, Australia (Airport Code) DRW Dr Who estimates the market opportunity for B2B enablers to be roughly $35 billion by the year 2004 (using a composite of AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12. Research, IDC and Forrester estimates). B2B e-marketplaces are Web-based platforms that interconnect buyers and suppliers into a network and provide access to an array of hosted software relevant to the network, including auctions, catalogs, collaboration, procurement and distribution. E-marketplaces are typically built using B2B enablers and infrastructure tools. Institutional investors interested in receiving more information should contact their Dain Rauscher Wessels salesperson. Media interested in receiving Rangan's reports should call 612-371-2225. The Dain Rauscher Wessels division includes equity research, equity trading, institutional equity sales and corporate finance. The division's 38 analysts focus on five industries: consumer, energy, financial services, health care and technology. Currently, the analysts follow nearly 400 companies. The division, which employs 425 people, has offices in Austin, Texas; Boston; Chicago; Dallas; Houston; Menlo Park, Calif.; Minneapolis; New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. ; Paris; San Francisco; and Seattle ; and Tel Aviv, Israel(a). Minneapolis-based Dain Rauscher Incorporated provides investment services to individual investors and small businesses through offices in 26 predominantly western states, investment banking services to corporations and municipalities nationwide, and trade clearing and settlement services to nonaffiliated broker-dealers throughout the United States and abroad. Dain Rauscher Incorporated, one of the nation's largest full-service securities firms, is a member of the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and other major securities exchanges, as well as the Securities Investor Protection Corp. Dain Rauscher Corporation, its holding company, trades on the New York Stock Exchange under the symbol DRC DRC Democratic Republic of Congo DRC Down (Stage) Right Center DRC Director(ate) of Reserve Components DRC Disability Rights Commission (United Kingdom) . The company's headquarters are located at Dain Rauscher Plaza, 60 S. Sixth St. Additional information on the securities mentioned is available on request. This does not purport to be a complete statement of all material facts related to any company, industry, or security mentioned. The information provided, while not guaranteed as to accuracy or completeness, has been obtained from sources believed to be reliable. The opinions expressed reflect our judgment at this time and are subject to change without notice and may or may not be updated. DRI See Digital Research. , its officers, directors, affiliates, and/or employees (including the authors of this report) may from time to time have a long or short position in publicly or privately issued securities of companies mentioned or derivatives thereof and may sell or buy such securities for their own or related accounts. This notice shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which said offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state. (a) Strategic alliance with Tamir Fishman & Co. |
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