Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR -- Ignore unavailable to you. Want to Upgrade?

To: C. McD who wrote (605)	4/25/1999 10:58:00 AM
From: BANCHEE	Read Replies (1) \| Respond to of 954

To ALL Does anyone know of a good charting site that has easy to read daily charts going back about a year? I'm doing research on Back Door IPOs and want to include as many as I can with good charts, announcements of IPO, S1 dates, S1a dates, IPO trading dates and so on. Thanks Banchee

To: C. McD who wrote (605)	5/18/1999 7:38:00 AM
From: .com	Read Replies (1) \| Respond to of 954

from briefing.com: SUPERIOR CONSULTANT HOLDINGS CORP. (SUPC) 30 7/8 +1 3/8 When you can't get in on an IPO, sometimes the next best thing is to get in on a company that already owns stock in the company. That's the case with SUPC, which will own about 15% of DrKoop.com (KOOP), the health advisory internet service whose chairman is the esteemed Dr. C. Everett Koop, former Surgeon General of the United States. Dr. Koop gained a lot of public attention as the first government official to strongly speak out against the ill effects of tobacco. His unique look and squeaky clean solid image will give DrKoop.com an instant brand identity. And since the biggest problem with information obtained over the internet is trust, having Dr. Koop as the lead image is a real plus. It's the type of internet deal that venture capitalists would drool over, as the IPO market will likely give this one a very high multiple. In fact, it is just about ridiculous. DrKoop.com had only $404,000 in revenue in Q1 of 1999. The current expected IPO pricing of $9 a share gives the company a market capitalization of $247 million dollars, for a Price/Sales ratio of about 150. Pretty steep. We haven't concluded the complete study of DrKoop.com's business prospects yet, but one of the first things that became apparent is a play on DrKoop.com through SUPC shares. Superior Consultant Holdings invested $6 million in DrKoop.com and will own 3.9 million shares, or 15%. At an offering price of $9 that makes SUPC's holdings worth about $35 - $40 million. If the IPO doubles, then SUPC's share will be about $80 million. Not bad for a company whose usual quarterly earnings are about $3 million on $40 million revenue. In other words, SUPC will likely reap about 6 years worth of earnings in capital gains the moment that DrKoop.com goes public. Since SUPC's current market cap is about $320 million, the stock gain represents about a 25% instant increase. Superior's ongoing business looks pretty good, at first glance, with steadily increasing earnings and revenues, currently at $130 million annually. Although the stock is up today, volume is currently under the daily average of 157,000 shares, indicating to us that this play hasn't been widely picked up yet. SUPC float is 4.7 million shares, outstanding shares are 10.36 million. DrKoop.com is expected to IPO in June.