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Microcap & Penny Stocks : Showstar Entertainment Corp. (ABID)

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To: Double Dipper who wrote (30)6/27/1999 11:12:00 PM
From: Dennis Campkin  Read Replies (1) of 69
 
Kevin, there are some others watching ABID too.

I have a small position and have averaged down already. I would expect some PR soon too. I have wondered why nothing up to now. My assumption is they have been extremely busy just deciding what they are going to have on the website when they start. Bought a bunch of original art at an auction recently and have been trying to find something out about the artists. It isn't easy. Anyway, in going through art site after art site, the number of features, options for service, memberships, etc. highlighted for me the huge # of issues Showstar must deal with in order to get ready for launch.

It probably hasn't helped that Coke had the Belgium problem when trying to determine how to market and advertise the Coke collection for auction. Also, Ebay joining forces with that major art auction house will be serious competition in the future.

Still believe Showstar has a great chance to be something special and hope to share in that through share price appreciation.

One thing I don't understand is the difficulty the stock has in getting back over $0.60 again. It has been stuck for quite a while. What is your take on the price?
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