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

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To: Roy F who wrote (1083)2/10/2000 9:23:00 AM
From: Jason Flora  Read Replies (1) of 1502
 
Kbro morning notes:

kbroresearch.com

STARBASE CORP. (SBAS    $15 3/4)
RATING: STRONG BUY
PRICE TARGET: $38
Today, after the close, SBAS reports results for its December 1999 quarter. We recommend buying the stock in advance of anticipated favorable results, which we expect to meet our estimates of $4.1MM in revenue and an EPS loss of $0.03. Yesterday, StarBase issued a press release describing its partnership with Open Avenue, an open source (including Linux) portal provider. This marketing opportunity should drive additional license fees for SBAS and also supports our STRONG BUY rating.
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