NEW YORK - Feb. 11, 2000 (PRIMEZONE) -- The following is being issued by Fletcher and Faraday, a member of the National Association of Securities Dealers, CRD number 29769: Fletcher and Faraday (Broker Dealer -- Member NASD).
BMC Software (Nasdaq:BMCS). We are continuing coverage with a BUY rating. The company reinforced its commitment to provide customer-proven solutions and services that assure non-stop, real-time application service assurance(TM) for the enterprise by introducing RESOLVE(R) for E-business Management solutions. Two more industry firsts for BMC Software, these management solutions include RESOLVE Enterprise Snapshot for SQL-BackTrack(TM) and RESOLVE High Speed Transaction Recovery, both crucial solutions for customers who rely on constant access to critical information that requires precise recovery and backup.
Novell (Nasdaq:NOVL) We are continuing coverage with a BUY rating. As the demand continues to rise in conjunction with the growth of e-business, a robust scalable, high-performance solution is needed to meet the needs of today's customer.
Oracle Corporation (Nasdaq:ORCL). We are continuing coverage with a BUY rating. We think Oracle's offering a total e-package is an internet e-commerce strategy that positions this company for spectacular growth. And even though the stock has more than doubled this year, we believe the price doesn't fully reflect the stock's potential. Oracle's emphasis on e-commerce solutions could well push its long-term 25% earnings growth rate much higher. We see significant upside potential in the stock.
www.WorldBestBuy.com, owned and operated by International Brands Inc., (OTCBB:INBR). We are continuing coverage with a BUY rating. Unlike other e-commerce malls, WorldBestBuy.com is not just a getaway group of Internet vendors in few select product categories. WorldBestBuy.com leverages international reach and a unique Strategic Alliance Marketing program to create a one stop global shopping spree.
Fletcher and Faraday is a Broker Dealer and member of the NASD and SIPC. Fletcher & Faraday herein prepared material upon information supplied by the company or other sources believed to be reliable. The information contained herein should not be considered to be all-inclusive. INBR have approved the statements made in this report. This discussion contains forward-looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward-looking statements or announcements discussed within. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell the securities. Please consult your broker before purchasing or selling any securities mentioned in this report. Fletcher & Faraday has been compensated for its investment banking services provided by the agreement with International Brands Inc. (25,000 INBR Investment Common Shares). Fletcher & Faraday, its clients, officers, directors, employees may buy, sell or have a position in the securities described in this report and may profit in the event the shares rise in value.