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Technology Stocks : STARBASE (SBAS)- InfoWorld Hot Product Review -- Ignore unavailable to you. Want to Upgrade?

To: architect* who wrote (1055)	1/21/2000 8:29:00 AM
From: SIer formerly known as Joe B.	Respond to of 1502

When SBAS was trading under $2 it would go down on news like the news released today because everyone wanted something more exciting I guess. It's going to be very interesting how SBAS reacts to OA's financing without any partners being announced and how the market will react to SBAS' personnel shuffle. To me all it all should be non events I'm curious if the market agrees or considers the moves positive or negative.

To: architect* who wrote (1055)	1/21/2000 9:02:00 AM
From: Ploni	Read Replies (1) \| Respond to of 1502

I guess the difference is that IWOV came public in a very hot market for IPO's. My understanding is that SBAS came public through a reverse merger, and that the shell had been a company with a bad history. Thus, SBAS didn't have the publicity or opportunity to receive an insane valuation. In fact, while SBAS is clearly worthy of at least their current valuation, I'm curious how the market came to realize this suddenly. In other words, why was it languishing for so long at $2/share, and then suddenly exploded? Many other companies sit below $5 a share, and while we always say "if it could get above $5 a share, it would receive institutional interest," we never know when or how the stock will get above $5 a share. I'm certainly glad that SBAS exploded through the $5 a share barrier, but I have no idea what the impetus was: if it was strictly accumulation by KBRO ahead of their report, or what was going on. It seemed odd that it happened right after the last quarterly earnings release, because I was disappointed that they took a writeoff instead of reporting flat or positive earnings.