GARDENS, N.Y.--(BUSINESS WIRE)--March 23, 2000--DAG Media, Inc.
- news), the leading independent print
and online publisher of yellow page directories, today announced
that National Investors Council (NIC) has issued a ``strong buy''
recommendation on DAGM by Skip Nordstrom resulting from the recent
exciting developments in the Company. The report states estimated
earnings at $0.80 per share in 2000 and a long-term price target
full report is available at http://www.nicstock.com/html/2000february.html,
with investment highlights featured at http://www.nicstock.com/ Hardcopies of the
report will be available in three days; for reprints, please contact
Skip Nordstrom at 714-751-7547 or fax at 714-751-6532.
newsletter expects DAG Media to continue its rapid growth momentum
by expanding its value-added service offering, especially in the
Internet and e-commerce arenas, and by introducing a greater number
of yellow page directories. DAG Media is scheduled to launch its
NewYellow Manhattan directory this month, thus expanding beyond
its proven capabilities in the special interest yellow page directory
market. New Yellow will list the websites and email addresses for
businesses published in the listing at no charge, and will also
provide free email addresses to those companies that do not already
new email and web publishing features, as well as a myriad of other
breakthrough services provided by New Yellow directory, make DAG
Media a formidable challenger to Bell Atlantic's dominance in the
$300 million yellow page directories industry in New York. Rapid
market penetration is also expected to be driven by the overwhelming
cost advantage DAG Media is offering yellow page advertisers. New
Yellow provides advertisers the same exposure as that of Bell Atlantic's
Yellow Pages, but at a 70% discount.
Media, Inc. currently publishes and distributes two directories
in print and online that service the New York metropolitan area
and northern New Jersey. The Company also provides value-added products
such as referral and tourist information hotlines as well as the
web portal http://www.porty.com/, which offers free nationwide
directory information, Internet voice and fax telephony, and a variety
of other services.
information provided in the report is based on sources which National
Investors Council, LLC (NIC) considers to be reliable, but it is
not guaranteed by NIC, nor does this report represent a solicitation
to buy or sell the securities discussed herein. The information
contained in the report is subject to change without notice, and
NIC assumes no responsibility to update the information in this
report. Any sales, and/or earnings forecasts included herein were
independently prepared by NIC, unless otherwise stated, and are
not endorsed by the management of the company which is the subject
of this report. Use of this report may be subject to the applicable
rules of certain self-regulatory organizations, and securities mentioned
in the report which are traded over-the-counter may not be cleared
for sale in certain states. National Investors Council, LLC and/or
its employees, officers, affiliates, or members of their families
may have long or short positions in the securities discussed in
this report. NIC has been compensated $7,500 for the preparation
of this report by DAG Media.
statements in this release are made pursuant to the ``safe harbor''
provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that such forward-looking statements involve
risks and uncertainties, including, without limitation, continued
acceptance of the Company's products, increased levels of competition,
new products introduced by competitors, changes in the rates of
subscriber acquisition and retention, and other risks detailed from
time to time in the Company's periodic reports filed with the Securities
and Exchange Commission.
National Financial Network
Robert Weiss, 781/444-6100 ext. 11