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Technology Stocks : About.com (BOUT)

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To: Jason Riche who wrote (39)3/18/1999 12:01:00 AM
From: Glenn Petersen  Read Replies (1) of 438
 
The market cap of this company after its first day of trading is going to provide us with some additional humor. $3.7 MM in sales and a net loss of $16.8 for the year ending December 31, 1998. Total shares outstanding of 11.5 MM. Hmmm....I say it easily closes over 35 the first day. If the IPO market stays hot (and irrational), who knows how high it could fly. It does occupy a unique niche. As I noted in an earlier post, check out BOWG. Same niche, lower capitalization. If BOWG can close on some funding, there may be room for two players.
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