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Technology Stocks : MBT International Inc. (MBTI)

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To: Mathew MacIver who wrote (27)1/9/1999 2:04:00 PM
From: HQ  Read Replies (1) of 212
 
>>>>Finally, do people we think we're stable around 8...?<<<<

I don't like to think in terms of 8 as being a stable base, as I feel 8 will be a tiny, distant memory before long. Look how fast UBID and EBAY skyrocketed. Seems like they've been around forever already, but only last October 9th you could have had EBAY at 25 (now 292 3/8, having hit 321 this week) and a mere four weeks ago only you could have bought UBID at 32 (now 119, having hit 189 on 12/24). Not to mention the mother of this model, AMZN, which you could have had for, well, you don't want to think about how recently it was only the 20s then at 350+ (adjusted now for the 3-to-1 split)!

Does MBTI have what it takes to grow as these others have? I would say yes, especially since I feel the recent talk of strategic acquisitions is positioning them quite nicely for their targeted, and virgin, $300 BILLION market. If, as the CEO predicts, the negotiations become deals and are consummated this month, as predicted, and if the 3D web company overhauls and expands the current site as would be inevitable, and if the freight situation has been clarified, well, 8 will look like some of the bargains above.

This is all simply IMHO, what I believe. I am not a hyper, I am merely "hyper" about MBTI's chances of major success! Long and holding (wasn't even tempted to sell when it hit 14 3/4 two weeks ago),

Jeff HQ
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