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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (3875)	3/10/1999 11:07:00 AM
From: Jeffrey L. Henken	Read Replies (1) \| Respond to of 52051

SW a friend asked me to share some due diligence on a couple of stocks. Preview Travel and StarBase. Here is what I found starting with Preview Travel: quote.yahoo.com Preview Travel, PTVL is a technical buy. The stock is currently trading at 23 1/2 and has support at 21 5/16's. Fundamentally here is a description of what the company is all about from Yahoo: PTVL is a provider of branded online travel services for leisure and small business travelers. For the nine months ended 9/98, revenues rose 43% to $14.4 million. Net loss rose from $5.6 million to $14.4 million. Revenues reflect an increased customer base and an increase in paid advertising on the Company's web site. Higher loss reflects costs related to the development of online content, expenditures related to the agreements with AOL and Excite, and higher advertising expenditures. Here is their web site where their business is conducted: previewtravel.com The company gets a lot of web exposure but until recently they were not booking that many flights. Apparently many people were taking advantages of their services and then picking up the phone to book with their own travel agents. That may be changing now. Business is growing and advertising as well but like so many other internet related businesses profits look to be a long way off. Still Preview Travel could end up signing a major deal with a portal site or make any number of moves that could improve the company's visibility and therefore stock price. Color me luke warm. I would like to know what might spark real buying after yesterday's neutral rating from Volpe Brown stock analyst? On the other hand the stock is actually up today which is one of the reasons I do not follow analyst's recommendations biz.yahoo.com Starbase - SBAS (NASDAQ 1 17/32) looks interesting as I believe they have some new products about to make a big splash in the market. Revenues have been increasing but they are still suffering losses and don't have a ton of cash. There are too many shares in the float for this stock to move real fast but you never know. The chart looks OK but is growing weaker every day. The company is not followed by Market Edge so I don't have any great insight here except to say you have a nice cup with a handle that could be breaking down. Here is the fundamental picture from Yahoo: biz.yahoo.com SBAS develops, markets and supports team-oriented product development software that addresses the evolving needs of the corporate IT enterprise users involved in projects requiring substantial collaboration. For the six months ended 9/98, total revenues rose from $704 thousand to $2.8 million. Net loss applicable to Common rose 60% to $5 million. Revenues reflect the release of the Starteam 2.1 family of products. Loss reflects increased R&D and S/G/A expenses. I would say this stock will perform well if the new products make a splash and sell well: ''The revenue gains in the previous three quarters have demonstrated the company has been gaining momentum in front of our long awaited launch of StarTeam 4.0 and the Enterprise Suite, stated William R. Stow III, chairman and chief executive officer of StarBase. biz.yahoo.com I would probably have to be sold on both of these the way Francios sells his picks.. I mean they could be screaming buys because there are no huge negatives. I just don't look at either of these and say I have to have some.... Which might just be the best reason to buy them! Regards, Jeff