Analysts, Company CEOs Tackle Tech Issues Driving 21st Century Economy
SAN FRANCISCO, Aug. 2 /PRNewswire/ -- BancBoston Robertson Stephens today
kicked off its 1999 Investing in Innovations Conference focusing on the
Internet and eCommerce at the Ritz Carlton Hotel, San Francisco. The
conference, which will be held today through Wednesday, features BancBoston
Robertson Stephens' Internet analyst research team, Wall Street's largest
effort focused on Internet-related stocks and issues, as well as CEOs and CFOs
from more than 200 leading technology companies.
Nearly 1,500 investors are expected to attend the conference, which
includes presentations on the competitive and investment implications of the
Internet, eBusiness, eFinance, networking, security, services and other
cutting-edge technologies driving the 21st century economy.
"The growth of the Internet has been explosive," said President Bob Emery.
"Robertson Stephens was one of the first investment banks to recognize the
power and the promise of this medium. The Investing in Innovations conference
provides an opportunity for investors to participate in the exchange of
insights, ideas and information from the next generation companies and
technologies that will continue to define this very exciting and dynamic
sector."
Featured senior Robertson Stephens analysts include:
* Eric Upin, eBusiness software applications
* Marshall Senk, eBusiness software infrastructure
* Rick Juarez, eCommerce
* Keith Benjamin, Internet
* Paul Johnson, communications and networking
* John Powers, networking software
* Marianne Wolk, ePayments
* Steven Birer, eServices
* Scott Appleby, eFinance
* Lauren Cooks Levitan, eTailing
The Investing in Innovations Conference, co-sponsored by McKinsey
& Company and Red Herring, comes as BancBoston Robertson Stephens reports
solid, across-the-board financial performance, with record first-half 1999
revenues, due to strong underwriting, mergers and acquisitions, and brokerage
businesses. For the first half of 1999, the firm generated $388 million in
revenues, up 87 percent from the same period last year.
"Behind our firm's strengthening market position is our high-quality,
forward-looking equity research team, which provides specialized coverage of
multiple market segments in technology and other growth industries," said
John Rohal, managing director and director of research. Robertson Stephens was
recently recognized in the Wall Street Journal All-Star Analysts Survey as
gaining the most slots among the top-20 securities firms.
BancBoston Robertson Stephens is a market leader in technology IPOs,
ranking number-one in lead-managed Internet IPOs for the first half of 1999.
The firm also has served as the strategic advisor on eight of the top-12
industry-defining Internet mergers and acquisitions, including WebMD/Healtheon
($7.5 billion), Excite/@Home ($6.7 billion) and E*Trade/Telebank
($1.8 billion).
Investing in Innovations follows last week's successful completion of the
firm's 1999 Electronic Manufacturing Products and Services (EMPS) Conference,
which attracted nearly 30 presenting companies and more than 300 investors,
and 1999 Semiconductor Conference, which attracted more than 100 presenting
companies and nearly 700 investors.
BancBoston Robertson Stephens, the section 20 subsidiary of BankBoston
(NYSE: BKB), is a leading international investment bank focused on growth
companies in the technology, life sciences and healthcare, information and
business services, retail and consumer products, real estate, media,
telecommunications, broadcasting, and gaming and lodging sectors. The firm's
45 equity research analysts cover nearly 700 companies. Since its founding in
1978, BancBoston Robertson Stephens has raised over $52 billion in initial
public offerings, follow-ons and convertible offerings. The firm has also
assisted in over 400 mergers and acquisitions transactions valued at more than
$77 billion. BancBoston Robertson Stephens began its high yield securities
business in February 1997 and since that time has completed 69 transactions,
including 15 lead transactions, raising more than $12.6 billion. BancBoston
Robertson Stephens has offices in San Francisco, New York, Menlo Park, Boston,
Chicago, London and Tel Aviv.
SOURCE BancBoston Robertson Stephens
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CONTACT:
Elizabeth Keys of BancBoston Robertson
Stephens, 202-326-1763
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