03/16 09:26 E*OFFERING Upgrades Commerce One, Inc. (Nasdaq: CMRC) to a
EGRP.O> E*OFFERING Upgrades Commerce One, Inc. (Nasdaq: CMRC) to a Strong Buy
SAN FRANCISCO, March 16 /PRNewswire/ -- The following is being issued by
E*OFFERING, a member of the National Association of Securities Dealers, CRD
Number 036717. E*OFFERING E-Business Software and Services Analyst Patrick
Mason today upgraded his rating on Commerce One, Inc. (Nasdaq: CMRC -
STRONG BUY, $206) from a BUY to a STRONG BUY.
"Commerce One announced the addition of two new regional trading hubs in China and South Africa, while also inking an ASP deal with Concert, the British Telecom PLC/AT&T Corp. joint venture focused on providing telecommunications services for top multinational corporations," reported Mason."These announcements symbolize the continued execution of the Commerce One strategy to expand the Global Trading Web to enable buyer and supplier networks throughout the world to take advantage of the cost efficiencies associated with e-procurement and aggregated buying opportunities," continued Mason.
E*OFFERING initiated coverage on Commerce One, Inc. on February 25, 2000.
To read Patrick Mason's report on Commerce One, Inc., or any of the E-Business Software and Services companies, please visit the E*OFFERING website at www.eoffering.com.
E*OFFERING is the first online investment bank designed to become the e-channel of choice for both issuers and investors. E*OFFERING complements the reach of traditional investment banks by structuring the online offering as an integral part of the capital-raising process. Through its reach into the retail market, E*OFFERING is changing the dynamics of investment banking to reflect the opportunities created by the Internet economy. About E*OFFERING E*OFFERING (member NASD/SIPC), headquartered in San Francisco, was founded in January of 1999 with the objective of democratizing the capital markets. It successfully enables its issuers to access and use capital more effectively by leveraging the broadest investment community of retail, mid, and top-tier investors.E*OFFERING has combined financial expertise, top-notch people, Internet infrastructure, and business model to enable this. Funding for E*OFFERING was provided by E*TRADE Group, Inc. (Nasdaq: EGRP $25-7/8), General Atlantic Partners, SOFTBANK Venture Capital, New Enterprise Associates, Battery Ventures,Crosspoint Venture Partners, Sandy Robertson, founder and former CEO of Robertson Stephens & Co., and Walter Cruttenden, founder and former CEO of Cruttenden Roth.
Additional information is available upon request.
Note: E*OFFERING may make a market in any or all of the above securities, may have been an underwriter of these companies' securities within the past three years, may hold a position, long or short, or in aggregate over 5% of the outstanding shares, and may have an employee who is on the board of directors of any of these companies. Options may be available on these securities. Unless otherwise noted,prices are as of Wednesday March 15, 2000. SOURCE E*OFFERING Corporation -0- 03/16/2000 CONTACT: Rich Horn or Jennifer Cross of E*OFFERING Corp., 415-618-6200, or fax, 415-618-6202/
/Web site: www.eoffering.com/ -- SFTH066 -- 4397 03/16/2000 09:10 EST
www.prnewswire.com Copyright PR Newswire 1998. All rights reserved.
COPYRIGHT © 1999 REUTERS LIMITED. ALL RIGHTS RESERVED.
EGRP.O>
SAN FRANCISCO, March 16 /PRNewswire/ -- The following is being issued by
E*OFFERING, a member of the National Association of Securities Dealers, CRD
Number 036717. E*OFFERING E-Business Software and Services Analyst Patrick
Mason today upgraded his rating on Commerce One, Inc. (Nasdaq: CMRC -
STRONG BUY, $206) from a BUY to a STRONG BUY.
"Commerce One announced the addition of two new regional trading hubs in China and South Africa, while also inking an ASP deal with Concert, the British Telecom PLC/AT&T Corp. joint venture focused on providing telecommunications services for top multinational corporations," reported Mason."These announcements symbolize the continued execution of the Commerce One strategy to expand the Global Trading Web to enable buyer and supplier networks throughout the world to take advantage of the cost efficiencies associated with e-procurement and aggregated buying opportunities," continued Mason.
E*OFFERING initiated coverage on Commerce One, Inc. on February 25, 2000.
To read Patrick Mason's report on Commerce One, Inc., or any of the E-Business Software and Services companies, please visit the E*OFFERING website at www.eoffering.com.
E*OFFERING is the first online investment bank designed to become the e-channel of choice for both issuers and investors. E*OFFERING complements the reach of traditional investment banks by structuring the online offering as an integral part of the capital-raising process. Through its reach into the retail market, E*OFFERING is changing the dynamics of investment banking to reflect the opportunities created by the Internet economy. About E*OFFERING E*OFFERING (member NASD/SIPC), headquartered in San Francisco, was founded in January of 1999 with the objective of democratizing the capital markets. It successfully enables its issuers to access and use capital more effectively by leveraging the broadest investment community of retail, mid, and top-tier investors.E*OFFERING has combined financial expertise, top-notch people, Internet infrastructure, and business model to enable this. Funding for E*OFFERING was provided by E*TRADE Group, Inc. (Nasdaq: EGRP $25-7/8), General Atlantic Partners, SOFTBANK Venture Capital, New Enterprise Associates, Battery Ventures,Crosspoint Venture Partners, Sandy Robertson, founder and former CEO of Robertson Stephens & Co., and Walter Cruttenden, founder and former CEO of Cruttenden Roth.
Additional information is available upon request.
Note: E*OFFERING may make a market in any or all of the above securities, may have been an underwriter of these companies' securities within the past three years, may hold a position, long or short, or in aggregate over 5% of the outstanding shares, and may have an employee who is on the board of directors of any of these companies. Options may be available on these securities. Unless otherwise noted,prices are as of Wednesday March 15, 2000. SOURCE E*OFFERING Corporation -0- 03/16/2000 CONTACT: Rich Horn or Jennifer Cross of E*OFFERING Corp., 415-618-6200, or fax, 415-618-6202/
/Web site: www.eoffering.com/ -- SFTH066 -- 4397 03/16/2000 09:10 EST
www.prnewswire.com Copyright PR Newswire 1998. All rights reserved.
COPYRIGHT © 1999 REUTERS LIMITED. ALL RIGHTS RESERVED.