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Technology Stocks : 7th Level

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To: Ron Wargo who wrote (259)5/23/1997 12:18:00 PM
From: Nick Takos   of 1019
 
Stock seems to be hovering ~2ish for quite a while now amid the thundering silence by SEVL on their planned makeover.

Popped in to software etc the other day and I noticed that many of sevl's titles are priced at $10, some (arcade America) priced even lower. Saw HeliCops and GNOME games displayed. Spoke to one of the employees, who said that the Mony Python titles are selling OK but hasn't seen a whole lot of movement in the other SEVL titles. Has anyone else checked into how well the newer packages have been selling ? Has anyone used the new games or heard from friends how they compare to the competition ?

Can the company survive primarily on the sales of the Monty Python titles while waiting for Barney sales to kick in ?

Overall, I'm wondering how long their cash on hand + cash flow can carry them before they have to borrow/beg for more $$$. 2-3 qtr's perhaps ? Hopefully sales will pick up soon.

I also wonder if it makes sense to commit more $$ in buying additional shares at these bargain basement prices (assuming this price proves to be a bargain in the long run) ?

Any thoughts/comments ?

nick
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