Valuation model ...... market capitalization / 3rd quarter sales
First column is Market capitalization / 3rd quarter revenue
second column is 3rd quarter revenue
third column is 3rd quarter (EPS) Earnings Per Share
fourth column is market capitalization as of 2/10/00
fifth column is gross profit margin
......Mkt. Cap/.......3rd qtr .....3rd qtr...Market .........gross
.....3rd qtr.Rev....Revenue......EPS..... Cap..............profit
........................................................2/10/00...........margin
RATL......46...........128M.....0.21.....5,840M........85%
VRTY......86..........16.7M.....0.04.....1,436M........85%
IMAN......94...........5.9M....(0.02)......552M........79%
NETO.....108...........5.8M.....IPO........632M........79%
ALLR.....117..........15.1M....(0.02)....1,768M........82%
SBAS.....140...........3.7M....(0.04)......521M.........78%
BWEB.....212...........6.2M....(0.07).....1,314M........68%
VIAD.....217...........2.7M.....IPO?......586M..........75%
PRSF.....389..........28.1M.....(0.01)..10,930M........68%
AGIL.....424...........6.9M.....(0.28)...2,926M..........45%
BLSW.....437........ . 4.0M.......IPO....1,750M........75%
BVSN.....478..........29.4M.......0.05..14,250M........74%
VIGN.....499..........24.2M......(0.14)..12,086M.......48%
IWOV.....757...........4.3M......(2.71)...3,257M........23%
E-commerce is forcing companies to change the way they do business the above companies provide E-Business Commerce applications that facilitate E-business. Software solutions that facilitate E-commerce. These comanies provide software applications, (ASP) application service providers, (EIP) Enterprise Infrastructure Portals, source code development, web application development, web content management, E-business website development, Web application management, application servers, Enterprise Integration.
Bill Stowe in Starbases December earnings report stated that Starbase has a business model similar to many companies in the indusrty, yet on the content side Starbase has no competition in the market. Stowe reported Starbase has no competition in the way Starbase integrates source code into E-business applications.
Bill Stowe compared SBAS to IWOV and RATL yet stated these competitors do not integrate source code with E-business applications.
Based on this valuation model, and Starbase?s December report IMO Starbases future looks bright.
Long SBAS NETO and IMAN
Financial information is from Hoovers, market capitalization is from yahoo close on 2/10/00. |
