STARBASE (SBAS)- InfoWorld Hot Product Review Message Board

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

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To: architect* who wrote (1055)	1/21/2000 9:02:00 AM
From: Ploni	Read Replies (1) of 1502

I guess the difference is that IWOV came public in a very hot market for IPO's. My understanding is that SBAS came public through a reverse merger, and that the shell had been a company with a bad history. Thus, SBAS didn't have the publicity or opportunity to receive an insane valuation. In fact, while SBAS is clearly worthy of at least their current valuation, I'm curious how the market came to realize this suddenly. In other words, why was it languishing for so long at $2/share, and then suddenly exploded? Many other companies sit below $5 a share, and while we always say "if it could get above $5 a share, it would receive institutional interest," we never know when or how the stock will get above $5 a share. I'm certainly glad that SBAS exploded through the $5 a share barrier, but I have no idea what the impetus was: if it was strictly accumulation by KBRO ahead of their report, or what was going on. It seemed odd that it happened right after the last quarterly earnings release, because I was disappointed that they took a writeoff instead of reporting flat or positive earnings.

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