Business Wire (March 09, 2000)
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Stockreporter Announces Investment Opinion On DIGS, Inc.
Business Editors
NOTE TO EDITORS: The following is an investment opinion issued by Stockreporter LOS ANGELES--(BUSINESS WIRE)--March 9, 2000 Stockreporter begins coverage of DIGS, Inc. with a Buy recommendation and conservative year 2001 price target of $20 per share. DIGS, Inc. (OTC BB: DIGS) has received a Buy recommendation from Stockreporter, a leading European financial Internet publication located at www.stockreporter.de. Stockreporter specializes in the coverage of micro-cap stocks and undervalued OTC and BB companies. The successful Stockreporter team is one of the first independent analysts to begin coverage and release an investment opinion on this Internet B2B company. DIGS provides multi-media CD-ROM and Internet corporate solutions to their company clients. DIGS has developed technologically advanced products that cost effectively meet corporate communications needs, including CD-ROMs that are linked to the Web. There are multiple markets and applications for the Company's products that can be delivered by the Company at extremely attractive gross margins. Stockreporter initiated coverage with a price target of $20.00 per share for the year 2001. "DIGS, Inc. has developed cutting-edge, interactive multi-media CD-ROM and Internet communications technologies ideally suited to meet the needs of a broad spectrum of corporate clients. We are pleased to initiate coverage with a Buy recommendation," commented Torsten Prochnow from Stockreporter. "Each of the Company's products and services has great stand alone appeal. In combination, DIGS' offerings provide significant opportunities to serve multiple markets. As the business-to-business (B2B) Internet marketplace becomes more aware of the substantial cost savings DIGS ...Try vLex for FREE for 3 days
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