NEW YORK - Feb. 16, 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).
WorldBestBuy.com, owned and operated by International Brands Inc., (OTCBB:INBR). We are continuing coverage with a BUY rating. WorldBestBuy.com leverages international reach and a unique strategic-alliance marketing program to create a one-stop global shopping spree. Its advertising and promotional campaigns are largely geared to upscale audiences such as international travelers and motor-sport enthusiasts. The company has been one of the fastest growing Internet shopping sites in the history of e-commerce.
MCI Worldcom (Nasdaq:WCOM) We are continuing coverage with a BUY rating. With an industry-leading structure, a diversifying revenue base and a global vision to create a comprehensive network of voice and data, MCI Worldcom should be a core holding going forward.
Cisco Systems (Nasdaq:CSCO) We are continuing coverage with a BUY rating. As Internet and related technology companies reap the benefits of the technology boom, Cisco supplies equipment to many of the Internet Service Providers (ISP) and communications companies that individuals and businesses use to access private networks and public net.
Compaq Computer Corp. (NYSE:CPQ) We are continuing coverage with a BUY rating. Compaq joined forces with Microsoft to deliver the most reliable Internet-ready PCs for Windows 2000 for small and medium businesses. Compaq says it has more trained Microsoft service professionals than any other company in the world - more than 3,000 to date - offering the most well-equipped customer support force in the industry to help customers successfully plan, design, implement and manage the introduction of Windows 2000. Underscoring these strengths is Compaq's unique partnership with Microsoft, which continues to drive industry standards in business personal computing.
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.