NEW YORK, Feb. 14, 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).
Haltheon/WebMD (Nasdaq:HLTH). We are continuing coverage with an ACCUMULATE investment rating. The company is a pioneer in the application of Internet technology to the health care industry
CMGI (Nasdaq:CMGI). We are initiating coverage with a BUY rating. CMGI connects, develops, operates and funds the largest, most diverse family of Internet companies in the world. The company is well positioned to capitalize on the rise of e-commerce.
Intel Corp. (Nasdaq:INTC). We are continuing coverage with a BUY rating. With 1998 revenues exceeding $26 billion, Intel is the world's largest chipmaker. The company's mission is to be the building block supplier to the internet economy.
WorldBestBuy.com, owned and operated by International Brands Inc., (OTCBB:INBR). We are continuing coverage with a BUY rating. Since its launch at fall '99 Comdex WorldBestBuy has been one of the fastest growing Internet Shopping Sites in the short history of electronic commerce, and is moving rapidly to fulfill its founder's promise of providing single-site access to millions of products.
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.