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Article: William Blair & Company Initiates Coverage of InfoSpace, Inc. with Long-term Buy Rating.
- Article from:
- PR Newswire
- Article date:
- June 14, 2000
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CHICAGO, June 14 /PRNewswire/ --
The following is being issued by William Blair & Company L.L.C., a member of the National Association of Securities Dealers, CRD# 1252:
William Blair & Company, L.L.C. today announced that it initiated coverage of InfoSpace, Inc. (INSP $55) with a Long-term Buy rating.
Internet analyst Abhishek S. Gami estimated that InfoSpace, a leading private-label Internet infrastructure provider of integrated communication, information, and commerce services, would achieve roughly $96 million in revenue in 2000 and $200 million in 2001.
"We believe that InfoSpace has positioned itself at the nexus of the Internet ...