Da,
I completely agree with you regarding your supply and demand argument. In 9/99 CBQI had what? 26 million shares? Then in 9/00 CBQI had 66 million shares. Why did that happen?
I don't remember this stock splitting so I'd gues we got diluted when the company used it's stock to make acquisitions.
Keep in mind, CBQI's run to 15 was at a time when every stock was running high (particularly internet and high tech). The market had high expectations for this sector. I do not beleive those expectations will be seen again for a while(5-6 years).
The overall economy will continues to see downsizing and layoffs. Moran Stanly & Dean Witter expects this trend through early next year. The stock market historically runs about 6 months ahead of the economy. Therefore, IMHO,we may see a rally after June. However, I wouldn't expect CBQI to be included in that rally. The E word still applies.
CBQI would do best if it has both positive earnings and high expectations. If what Gary says is true, and the Earnings begin to show positive numbers for the first quarter of 2000 then we may see a rally if Earnings hold to the Fall. That would give shareholders something to look forward to.
Since we have no earnings, all we have now are expectations of higher earnings. I can honestly say that CBQI can "expect" to loose that if earnings don't show up on the balance sheet by 3rd Quarter. All you have to do is read the investor's comments on this board to figure out that their disappointment is fostering frustration and impatience.
Bix
AI
Market Data 
Markets 
