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Microcap & Penny Stocks : Showstar Entertainment Corp. (ABID) -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (60)	2/8/2000 12:26:00 PM
From: Hudson	Read Replies (1) \| Respond to of 69

Public Analysis & Review Announces Investment Opinion on Showstar Online.com, Inc. NEW YORK, Feb 8, 2000 (BUSINESS WIRE) -- SPECULATIVE BUY RATING on Showstar Online.com, Inc. (OTCBB: ABID) issued today in initial report by PAR analyst with a twelve-month target price set at $4. The PAR Report, distributed by Investrend Research, is available at www.investrend.com. An initial PAR Report on Artstar Online.com, Inc. (OTCBB: ABID) by PAR analyst Gerald F. LaKarnafeaux, CFA, was issued by Investrend Research for Public Analysis & Review (PAR), the unique professional independent analyst program administered by the non-profit Investors Research Institute, Inc. The Initial Report is available at www.investrend.com. John M. Dutton, Investrend Research president, noted that the February 7, 2000 PAR report written by Mr. LaKarnafeaux, CFA, details how the Company has positioned itself as the emerging leading art portal on the Internet. The stock recently closed at $1.34. Mr. LaKarnafeaux concludes: Showstar Online.com Inc. is recommended as a highly speculative buy with a twelve-month target price of $4.00 per share. The reasons for the recommendation follow: 1. The online art market, estimated to exceed $1.0 billion, is highly fragmented with relatively few leadership candidates. Artstar.Com has an excellent opportunity to become recognized as the Internet portal to the art world. 2. The Company has developed a web site that the art enthusiast, the neophyte, and the professional will regard as the portal of choice because of its technical sophistication and the breadth and depth of its content. 3. The Company's web site provides numerous revenue generating opportunities in the form of auctions and fixed price art sales, professional fees and other services. 4. The Company's stock is undervalued relative to numerous public companies in similar positions of competitive advantage in their respective vertical markets. Our twelve-month price target of $4.00 per share could be achieved in considerably less time in the event the Company secures an investment banking relationship that results in a secondary offering. Mr. LaKarnafeaux, CFA, during the past 30 years, has held senior positions in international and regional investment banking firms as a securities analyst, portfolio manager, and director of corporate finance. Mr. LaKarnafeaux is a principal of the consulting firm, KeyRatios, Inc. that assists early stage private and public companies in the areas of corporate valuation and capital formation. He has been an active member and officer of regional chapters of the Financial Analyst Society, The Corporate Finance Council, and the American Society of Appraisers. Please read PAR disclaimers found on Investrend web site (www.investrend.com) before investing. Public Analysis & Review (PAR) is a program of the Investors Research Institute, Inc. (IRI), a non-profit membership organization for individual investors and others advocating higher standards of "accessibility", "scrutiny" and "disclosure" for public companies. Anyone, including a company, may enroll a company for coverage. PAR reports are performed on behalf of the members of the Institute, and are not a service to any company. PAR analysts are responsible only to the public, and are qualified and assigned solely by the Institute, separate from the fiduciary entity, which is Investrend Communications, Inc. (IRIK), a public company in registration and financial administrator for the non-profit Institute. PAR analysts are paid in advance to eliminate pecuniary interests and insure independence. PAR enrollment fees are $17,500 per annum. Copyright (C) 2000 Business Wire. All rights reserved. Distributed via COMTEX. -0- CONTACT: Showstar Online.com, Inc., Kirkland Barry Forward, VP - Investor Relations Phone 888/616-9333 or Investrend Communications, Inc., Los Angeles Investrend Research Div. John M. Dutton, President and Supervisory Analyst Phone 213/929-2616 Fax 213/623-4590 e-mail: jmdutton@mediaone.com Web site: www.investrend.com. TICKERS: OTCBB:ABID WEB PAGE: businesswire.com GEOGRAPHY: NEW YORK INDUSTRY CODE: INVESTMENT OPINION