NEW YORK, Feb. 24, 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 says its new program is aimed at building traffic and sales volume for its leading line up of products and services from around the world. The company's new Alliance Program will pay owners of other World Wide Web sites who display WorldBestBuy's logo and/or products on their sites. The program, which will compensate owners with a combination of cash commissions and stock, gives them lucrative way to earn extra income at no cost. The Company says Alliance Program members can earn 5-15% commission on all sales, as well as shares of International Brands stock. We see this new program as an excellent way to attract new business, get exposure and create brand awareness for WorldBestBuy.com.
MCI Worldcom, Inc. (Nasdaq:WCOM). We are continuing coverage with a BUY rating. MCI Worldcom operates in 65 countries as a leader in business telecommunications. It offers everything to the telecom user (mostly companies): facilities - based and fully integrated local, long-distance, international voice, data and Internet services. It's not only the most competitively positioned company in its industry but also the fastest growing of any of the large cap telcos. It has already developed the most complete portfolio of assets and resources for a global communications giant.
Doubleclick Inc., (Nasdaq:DCLK). We are continuing coverage with a BUY rating. DoubleClick is a leading e-commerce company and should be a core portfolio holding for Internet investors. "With the DART technology platform and Abacus data business being prime examples of the desired attributes in eMarketing companies, they are poised to capture an increasing share of the $10 billion + Internet advertising market."
Tyco International (NYSE:TYC). We are continuing coverage with a BUY rating. Tyco International is the largest provider of electronic security services in North America and the United Kingdom. The company operates in more than 80 countries around the world and has expected fiscal 1999 revenues in excess of $22 billion.
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.