The Internet Analyst News - Online Autos Are on a Tear

6 April 2000

The Internet Analyst News - Online Autos Are on a Tear

    NEW YORK--April 6, 2000--U.S. Bancorp Piper Jaffray reiterated its strong buy on Autoweb.com's stock on March 28. On March 27, Thomas Weisel Partners initiated coverage of Niku Corporation with a strong buy and a 12-month price target of $120. It valued the company on a price-to-sales basis and notes that Niku trades at a discount relative to competitors Ariba and Commerce One . E-Offering and William Blair both issued a strong buy recommendation for ONVIA on March 27. It has recently announced strategic alliances with America Online and Verticalnet . William Blair projects EPS losses of $2.92 per share and $3.07 per share for 2000 and 2001, respectively.
    To find out more about this week's Analyst's strong buys, read the article in Multex.com's The Internet Analyst(SM), http://www.theinternetanalyst.com/min-tia/individual/000406.html
    Companies profiled:

    Autoweb.com
    http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=aweb

    Niku Corporation
    http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=niku

    Ariba
    http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=arba