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Non-Tech : 1000% returns are cool !!! -- Ignore unavailable to you. Want to Upgrade?

To: If only I'd held who wrote (1390)	6/23/2000 12:45:00 PM
From: Smart_Money	Read Replies (2) \| Respond to of 3326

I about fell on the floor when it got close to 18.00.

To: If only I'd held who wrote (1390)	6/23/2000 12:46:00 PM
From: marquis103	Respond to of 3326

QBAK. Maybe I'm crazy but bought some of this overlooked IPO at 8. These guys are profitable and in a good market. Russ from ZDnet. Qualstar Corp. (Nasdaq: QBAK) priced 2.5 million shares at $7 each, at the bottom end of its expected price range of $7 to $9 per share, through lead underwriter Needham & Co. The company, which makes and sells automated magnetic tape libraries used to store, retrieve and manage electronic data, lowered its range from an originally proposed $10 to $12 a share. For 1999, the company's sales were $29.7 million. Unlike most companies going public, it also recorded a profit; net income for 1999 was $4 million, 106 percent growth over the previous year. Qaulstar's competitors include Advanced Digital Information (Nasdaq: ADIC) and Exabyte (Nasdaq: EXBT).