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Technology Stocks : Spyglass

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To: Nancy Haft who wrote (1351)2/4/2000 4:35:00 AM
From: Oska  Read Replies (2) of 1412
 
As Spyglass owns 800,000 shares of JSB Software Technologies plc, I have been keeping an occasional eye on JSB's performance. A Business Wire article (EASDAQ Hits All-Time High In January 2000 Gets Off to a Record-Breaking Start) noted that JSB's value grew by 96% in January, 2000. I figure the difference in value is approximately the same as the non-license revenue of a Solution Center, roughly twenty million dollars. Spyglass management made a note of JSB's significant growth in market capitalization during their last conference call. The increase in JSB's value will make it much easier for SPYG to grow internally and externally.

JSB's symbol is JSB and it is traded in the London stock exchange.

All my best,

Osman.
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