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Stock Watch: U.S. Interactive Climbs on Upgrade

By Andy Wang E-Commerce Times ECT News Network
Feb 16, 2000 12:00 AM PT

Shares of U.S. Interactive (Nasdaq: USIT), an Internet professional services firm that offers consulting, marketing and technology services for online businesses, gained 4-1/4 to 49-3/16 Tuesday after the stock was upgraded to strong buy from buy by Deutsche Banc Alex. Brown.

Stock Watch: U.S. Interactive Climbs on Upgrade

Last week, U.S. Interactive reported fourth-quarter revenue of $11.6 million and a net loss of $853,000. The revenue number was an increase of 179 percent over the $4.2 million reported in the same quarter one year earlier.

Like, Chordiant Software, U.S. Interactive will benefit from the business-to-business market, as well as the rising number of traditional companies taking their business online. Today, content delivery company Akamai Technologies named U.S. Interactive as its "alliance partner of the year." Shares of U.S. Interactive climbed 1-7/16 to 50-5/8 in early trading today.

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Should social media sites be held accountable for terrorists' communications?
Yes -- They are providing a platform to facilitate murder and mayhem.
Yes -- Everything must be done to protect society from danger.
Maybe -- I'm not sure they have the technological capability to stop them.
Maybe -- I'm not convinced terrorists are using them for serious plotting.
No -- Authorities should monitor social networks to gather intelligence.
No -- Social networks are no different than phone carriers or mail services.