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Technology Stocks : STARBASE (SBAS)- InfoWorld Hot Product Review

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To: money@work who wrote (639)11/17/1999 4:51:00 PM
From: aauhaa  Read Replies (2) of 1502
 
That is some article, though I do believe there is more like 70 million shares out and no more in the treasury. That is why they asked the shareholders to approve 30 million more in case of need.

Today was a real rollercoaster ride. >17,000,000 share cleared out a lot of the overhang, if there was any.

I believe the morning rise was anticipation of a conference call that was to be scheduled by Bill Stow for today. When that did not happen, it triggered the sell-off.

SBAS is a real winner. The management has done a fabulous job in focus and direction to bring the company to its present position - far in front, leading the pack in an explosive field.

About 18 months ago during a conference call Carlos said that at some point in time, SBAS product will reach critical mass, which will result in explosive revenue growth. We are approaching that point rather quickly, and I trust the management has infrastructure in place to keep up with it.

We can expect SBAS revenues, profits and share price to all rise dramatically in the near future.
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