Sanctuary Woods recent sale, should you own the stock? Message Board

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Microcap & Penny Stocks : Sanctuary Woods recent sale, should you own the stock?

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To: Jane Shea who wrote ()	5/16/1996 12:18:00 AM
From: olduser	of 341

There are 2 ways to look at it: technically & fundamentally: 1. Technically: The stock broke above its 200 day moving average last week. This a key Wall Street indicator 2. Fundamentally: SW wrote off everything but the kitchen sink in their last quarter results. Already, they have made recoveries on their Metalworks project(last week), sold their entertainment studio for working capital(this week), and sold the rights to their upcoming game "Orion Burger"(today). Sales of the rights to their other entertainment titles are pending. These are items that will reflect positively in upcoming results. Last year, they made profits on their education titles, and they are focusing on them this year. Software companies historically fare very well in quick turnaround situations. The street knows now that the company is not going out of business. With Sierra at $40(13 titles this year), SW(6 titles) looks real good at $1.50- same # of shares outstanding. Its now a well run company with highly regarded products. I expect it to continue to gain volume and momentum this summer.

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