Spectrum Holobyte, Inc. (SBYT) releases Q2'97 results Message Board

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Technology Stocks : Spectrum Holobyte, Inc. (SBYT) releases Q2'97 results

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To: Bill Fischofer who wrote (496)	6/10/1997 11:25:00 AM
From: Dan Spillane	of 833

Slow products in a slow quarter seems like a recipe for disaster; yet, next week at the E3 trade show we should see a peek at the future...including possibly a multiplayer version of Magic. I'm pretty happy with the block of shares I sold at 6 7/8 last friday -- the rest were for the longer term. Now that long has become longer. A few things to remember... 1`) You can't short below 5 dollars a share; those who have open short positions on stocks which fall below that level also pay extra. 2) The volume on today's drop seems low given the percentage drop. 3) The stock price of SBYT is more than 30% below the equivalent of the recent buyout price of MXIS -- and that's a low-end estimate. 4) The UBS estimate cuts for future products still remain "random" Dan

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