SPYG in the mid-teens Message Board

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Technology Stocks : SPYG in the mid-teens

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To: william t. cannon who wrote (85)	10/23/1996 5:34:00 PM
From: Eric Ostling	of 219

>I've held Spyglass from 43 to 120 to as of an hour ago 14. There's a 2-for-1 split in there that you're missing; the 120 should be 60 (61 in fact is the adjusted 12-month high). >My concern is that Spyglass is trying to find a niche against Microsoft >and Netscape and their announcement today says to me they don't have the >resources in place to compete against these two giants. Spyglass has not been interested in competing with MSFT or NSCP for over 2 years now! Anyone who thinks we are trying to rely on something like the Mosaic browser for company growth needs to get out of 1994. And did you see the Worldgate announcement on the home page? An excerpt: "Only three percent of the world's population owns a PC. Thus, most people are unable to get on the Internet and access the wealth of online information," said Hal Krisbergh, chairman and CEO of WorldGate. "Spyglass gave us the ability to target consumers who have no computer experience, and who without TV and cable access, would otherwise be stranded without a vehicle for the information superhighway." Now can you compare the PC market potential to the as-yet-untapped consumer device market potential, and tell me what you think? Heck, at $13, I may get a loan just so I can buy SPYG out of the hands of all these cry-wolf investors.

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