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Technology Stocks : Spyglass

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To: Shtirlitz who wrote (1288)12/4/1999 8:58:00 AM
From: Art Bechhoefer   of 1412
 
Most of the recent price increase and heavy volume was generated by optimistic sales data in the last financial report. Fairly significant news events outlining agreements in Japan and most recently the Rockwell deal seem to have left investors cold. Personally, I think we'll have to wait for the next financial report. Because so much greater attention is being paid to PHCM, that alone detracts from investor interest in SPYG.

A settlement in the Microsoft antitrust litigation would have an indirect but beneficial impact on SPYG. Any restrictions on MSFT Windows CE applications for hand held computers, web TV, or other CE applications requiring Internet access would necessarily affect SPYG, which appears to provide software for all these applications. But the strong performance of MSFT this past week suggests that the litigation will be settled out of court, giving all parties (except the lawyers, of course) a win-win solution.
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