
USInternetworking Skyrockets 43% on Investment by Microsoft
USInternetworking
(USIX)
, which rents software to businesses through the Internet, rose 43.3% in preopen
Island
trading after it said
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Microsoft
(MSFT) - Get Microsoft Corporation Report
would invest $50 million in the company and will help it sell its services.
Merrill Lynch
raised USInternetworking to near-term accumulate from near-term neutral and to long-term buy from accumulate.