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Strategies & Market Trends : Pre-Market and After Hours Quick Hits

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To: mark collins who wrote (27)12/10/1999 4:04:00 PM
From: Wayne Rumball  Read Replies (1) of 63
 
SBAS

(NewsTraders) StarBase Initiated By Kaufman At Strong Buy, $38 Target (SBA
StarBase Initiated By Kaufman At Strong Buy, $38 Target (SBAS)

(NewsTraders.com)--Coverage was initiated on StarBase Corp. (SBAS) today by
Kaufman Bros. with a "strong buy" rating and a $38 price target.

Of note, shares of the software company recently traded at $8.31, a $2.38
improvement for the day as recently as Oct. 29, its shares traded as low as
$1.28.

Further information on the brokerage initiation was not readily available.

Based in Santa Ana, Calif., StarBase develops, markets and supports
team-oriented development software targeting the needs of corporate IT
structures which support projects requiring collaboration on an enterprise
level.




Copyright 1999 NewsTraders Inc. All Rights Reserved
14:03 Friday, December 10, 1999
*** end of story ***
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