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Microcap & Penny Stocks : Starnet...Clicktoplay...STEN

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To: Fred Davis who wrote (93)12/6/1998 9:30:00 PM
From: Pirate  Read Replies (2) of 1071
 
Anyone that claims this stock is overvalued is as full of hype as anyone who claims it is the undervalued, undiscovered next ktel/ubid/mall/sath/etc etc etc.

There is no classic way to value this stock right now (just like every other Internet deal out there) - conventional valuations don't make sense. In this case, you can't even build the numbers or do the dd to come up with a valuation. So noone can prove over/under valued.

What you can do is look at the technology, the idea, the theme and decide if it makes sense. Is it as good as an E-commerce web site, or would someone like yahoo decide that it's worth $400m like msft did for hotmail??? I for one think it's pretty hot...

Watch what happens if they happen to sign a serious Portal company!
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