Spyglass Message Board - Msg: 12587454

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Technology Stocks : Spyglass

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To: Bruce Cullen who wrote (1344)	1/16/2000 2:15:00 PM
From: Shtirlitz	Read Replies (1) of 1412

You know I own SPYG since it was 12-13. And I intend to own it longer (selling a few calls, whenever I consider that the stock price is ahead of the business developments). What I'm trying to say is that I'm not extremely excited about the results this quarter due to very few new agreements. I'm sure that there are more agreements in the works, and within a year or two the royalties stream will become a considerable contribution to revenues and profit margins. However I expect this quarter to be disappointment. This is just my opinion, and I may be wrong, since I don't know all the details about the licensing deals signed this quarter. On the other hand sale of Surf Watch will contribute to numbers and may make them look great. And is definitely positive for the future, which still looks very bright. I'm still very long on SPYG and have no intention of selling my very profitable position in the near future.

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