I bought and sold stilo when it was first tipped by techinvest years ago.
They were very exited at the growing market / potential for XML and rated the shares a strong buy.
Initially tipped after the launch on aim in August 2000 at 50p market cap of £21m. they quickly gained momentum taking them to 96p at which point techinvest followers were advised to buy.
October 2000 saw major coverage of the prospects / market for stilo focusing on the strong tie up with microsoft for the development and implementation of its suite of XML solutions.
Market cap at time of tip was £50.6m
This market cap was as we all know rediculous for a start up co making substantial losses at the time.
My reasons for coming back in are two fold..
Market sentiment towards technology shares seems to have returned,be it only slowly at this point i may add,and secondly,this company has survived whereas many have fallen by the wayside and disappeared.
Shares in my experience allways seem to go too high then fall too low as sentiment turns against a former star taking it way below its fair value.
Hopefully fair value and market sentiment will take STL above the 2.5p i have paid for my small holding.
Good luck and a happy new year to you all.
Ken.