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PRNewswire: WR Hambrecht + Co Initiates Coverage of Andover.Net, Inc….

“WR Hambrecht + Co, the online investment bank, today announced
that it is initiating research coverage of Andover.Net, Inc.
(Nasdaq: ANDN) with a Market Outperform rating….”

“Andover.Net is a leading Linux/Open Source Internet
destination, with a total of over 2.5 million users and over 50
million page impressions on a monthly basis. Its network of Web
sites provides an independent, unbiased source for content,
community, and commerce for the Linux/Open Source communities.
Andover.Net properties include Slashdot (slashdot.org), a Web site
for Linux/Open Source news, community comments, and resources, and
Freshmeat (freshmeat.net), where Open Source developers and users
can exchange information to collaborate on Linux/Open Source
projects….”

“Linux and Open Source are changing the corporate IT landscape.
Andover.Net, like VA Linux (Nasdaq: LNUX) and Red Hat (Nasdaq:
RHAT), is one of the companies driving this change,” said Scott
Olsen, Linux/Open Source research analyst at WR Hambrecht + Co.
We believe Andover.Net has a tremendous market opportunity to
offer services that leverage its position as a key intermediary
between corporations, developers, and users of Open Source
software.


Press Release