Epoch Partners Issues Research Note on MatrixOne, Inc.

Weathering the Storm Nicely



Apr 26, 2001, 01:00 ET from Epoch Partners

    SAN FRANCISCO, Apr 26 /PRNewswire/ -- Epoch Partners today announced it
 has issued a Research Note on MatrixOne, Inc. (Nasdaq:   MONE). The Note is
 available for free to investors through the Epoch Web site (www.epoch.com).
     The Research Note, issued by Mark Verbeck, Senior Research Analyst for
 Software, discusses the current investment thesis of MatrixOne, Inc.
 Highlights from the report include the following:
 
     -- MatrixOne turned in a strong 3Q, beating our estimates. The company is
        taking steps to contain costs while aggressively investing in
        development of its growing application portfolio.
     -- The company joins an elite group of software concerns that not only met
        forecasts this quarter but did not reduce expectations, which we
        consider a bullish signal.
     -- We expect continued progress with integrator partners. Marketplace
        transactions could drive upside in MatrixOne's business. From a
        valuation perspective, we believe the stock will trade higher based on
        the strong 3Q performance. We would look to the mid-point of our
        analysis, $27, as a reasonable valuation for the stock today.
 
     Software Research Coverage
     Investors can visit Epoch's Web site for additional commentary on the
 software sector, which includes a multimedia software industry overview and
 research coverage on the following public companies in this sector:  Ariba,
 Inc., Commerce One, Inc., Corio, Inc., i2 Technologies, Manugistics Group,
 MatrixOne, Inc., MRO Software, Inc., Oracle Corporation and Pivotal
 Corporation.
     In addition, investors can be added to the Software email alert system,
 which alerts investors to new research in the Software sector. To be added to
 this alert system visit
 http://pluto.sparklist.com/scripts/lyris.pl?join=epochebusinesssoftware.
     The information contained herein is based on sources believed to be
 reliable but is neither all inclusive nor guaranteed by Epoch Partners.
 Opinions, if any, reflect our judgment at this time and are subject to change.
 Epoch Partners does not undertake to advise of changes in its opinion or the
 information. Epoch Partners may perform or seek to perform investment banking
 services for the issuers of securities which are the subject of our Research.
 Most of the companies Epoch Partners follows are emerging growth companies
 whose securities typically involve a higher degree of risk and more volatility
 than the securities of more established companies. The securities discussed in
 the Epoch Partners Research may be unsuitable for investors depending on their
 specific investment objectives and financial situation and needs. No report
 included in the Epoch Partners Research is a recommendation that any
 particular investor should purchase or sell any particular security in any
 amount or at all and is not a solicitation of any offer to purchase or sell
 from or to any particular investor. For additional information that may be
 available on the securities mentioned, please contact Epoch Partners. This
 document has been published in the United States for Residents of the United
 States. Member NASD/SIPC.
     Epoch Partners is a member of the National Association of Securities
 Dealers, CRD number 103899.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X60334738
 
 

SOURCE Epoch Partners
    SAN FRANCISCO, Apr 26 /PRNewswire/ -- Epoch Partners today announced it
 has issued a Research Note on MatrixOne, Inc. (Nasdaq:   MONE). The Note is
 available for free to investors through the Epoch Web site (www.epoch.com).
     The Research Note, issued by Mark Verbeck, Senior Research Analyst for
 Software, discusses the current investment thesis of MatrixOne, Inc.
 Highlights from the report include the following:
 
     -- MatrixOne turned in a strong 3Q, beating our estimates. The company is
        taking steps to contain costs while aggressively investing in
        development of its growing application portfolio.
     -- The company joins an elite group of software concerns that not only met
        forecasts this quarter but did not reduce expectations, which we
        consider a bullish signal.
     -- We expect continued progress with integrator partners. Marketplace
        transactions could drive upside in MatrixOne's business. From a
        valuation perspective, we believe the stock will trade higher based on
        the strong 3Q performance. We would look to the mid-point of our
        analysis, $27, as a reasonable valuation for the stock today.
 
     Software Research Coverage
     Investors can visit Epoch's Web site for additional commentary on the
 software sector, which includes a multimedia software industry overview and
 research coverage on the following public companies in this sector:  Ariba,
 Inc., Commerce One, Inc., Corio, Inc., i2 Technologies, Manugistics Group,
 MatrixOne, Inc., MRO Software, Inc., Oracle Corporation and Pivotal
 Corporation.
     In addition, investors can be added to the Software email alert system,
 which alerts investors to new research in the Software sector. To be added to
 this alert system visit
 http://pluto.sparklist.com/scripts/lyris.pl?join=epochebusinesssoftware.
     The information contained herein is based on sources believed to be
 reliable but is neither all inclusive nor guaranteed by Epoch Partners.
 Opinions, if any, reflect our judgment at this time and are subject to change.
 Epoch Partners does not undertake to advise of changes in its opinion or the
 information. Epoch Partners may perform or seek to perform investment banking
 services for the issuers of securities which are the subject of our Research.
 Most of the companies Epoch Partners follows are emerging growth companies
 whose securities typically involve a higher degree of risk and more volatility
 than the securities of more established companies. The securities discussed in
 the Epoch Partners Research may be unsuitable for investors depending on their
 specific investment objectives and financial situation and needs. No report
 included in the Epoch Partners Research is a recommendation that any
 particular investor should purchase or sell any particular security in any
 amount or at all and is not a solicitation of any offer to purchase or sell
 from or to any particular investor. For additional information that may be
 available on the securities mentioned, please contact Epoch Partners. This
 document has been published in the United States for Residents of the United
 States. Member NASD/SIPC.
     Epoch Partners is a member of the National Association of Securities
 Dealers, CRD number 103899.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X60334738
 
 SOURCE  Epoch Partners