Dain Rauscher Wessels Initiates Coverage of AND, DPH, NETP and PRME.Business Editors & Analysts NOTE TO EDITORS: The following is an investment opinion issued by Dain Rauscher Incorporated MINNEAPOLIS--(BUSINESS WIRE)--March 29, 2000 Dain Rauscher Wessels today initiated coverage on the following four companies: -- E-Auto analyst Jonathan Lawrence initiated coverage of Andrea Electronics (AMEX AMEX See: American Stock Exchange :AND), $11.88, with a Buy-Speculative Risk rating, and Delphi Automotive Systems See ITS, embedded system, drive-by-wire, adaptive cruise control, collision avoidance system, autonomous vehicle, heads-up display, DSRC, lane departure system, CAN bus, FlexRay and SYNC. (NYSE NYSE See: New York Stock Exchange :DPH DPH Diploma in Public Health. DPH abbr. 1. Diploma in Public Health 2. Doctor of Public Health 3. Doctor of Public Hygiene ), $15.69, with a Buy-Average Risk rating. Lawrence has 12-month price targets of $18 and $21, respectively. Andrea Electronics manufactures hardware and software technologies to optimize the performance of speech recognition engines, Internet telephony Another term for IP telephony and VoIP. In the late 1990s, some people made a distinction between Internet Telephony and VoIP: Internet telephony referred to voice over the public Internet, while VoIP referred to voice over private IP networks. , audio/video conferencing, automobile PCs, and much more. Delphi Automotive Systems is the world's largest automotive parts supplier with nearly $30 billion in annual revenue. -- Internet infrastructure analyst Stephen Sigmond initiated coverage of Net Perceptions (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 :NETP NETP National Employer Training Programme (UK) NETP New Equipment Training Plan NETP National Employer Training Pilot (UK) NETP New Equipment Training Program NETP Naval Environmental Training Program ), $36.56, with a Buy-Speculative Risk rating. Sigmond has a 12-month price target of $75. Net Perceptions is the leading provider of software solutions for real-time personalization and marketing efforts targeted at individual customers in Internet and other retail channels. -- E-Business analyst Cameron Steele initiated coverage of Prime Response (NASDAQ:PRME PRME Principles for Responsible Management Education ), $20.88, with a Buy-Speculative Risk rating. Steele has a 12-month price target of $40. Prime Response is a leading provider of marketing automation software that enables its clients to create, manage, and monitor highly targeted multi-channel marketing campaigns. Institutional investors interested in receiving more information should contact their Dain Rauscher Wessels salesperson. Media interested in receiving a report should call (612) 371-7752. 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 more than 400 companies. The division, which employs 350 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. ; San Francisco; 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 non-affiliated 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. Dain Rauscher Incorporated makes a market in Net Perceptions and Prime Response and may act as principal with regard to sales or purchases of this security. Dain Rauscher Incorporated also managed or co-managed a public offering of the securities of Net Perceptions and Prime Response within the past three years. 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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