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

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To: james d. hargrave who wrote (498)6/11/1997 11:53:00 AM
From: Ed Strus   of 833
 
re: Robert Stephens Downgrade: Look at the time that Keith Benjamin (RS analyst) posted this announcement, Now look at the time when SBYT mgmt posted the pre-earnings announcement. What is Keith Benjamin some sort of Expert? This guy gets paid big bucks to mess up. Give me a break!!!!!!!!

Major brokerages did the same thing last week to Cabletron after an earnings warning. See my post on the Cabletron board.

These big brokerage firms are making me loose faith in the entire market. They really do not have a clue and it is a best guess without a hint of responsibility or appology when they are wrong.

As far as SBYT mgmt planning any vacations they clearly know that they are in a must deliver mode on the Net offerings. They better crank up the air-conditioner, cool down the soft drinks and get ready for a BALLS-OUT development push this summer. I dont know that Bill G. has any big vacation plans this summer, and I also had heard that he is pumping money into Net-Gaming opportunities. By x-mas holiday time it could be win or loose.

Lets hope to see some absoloutely great SBYT prototype net-games at next weeks show. Then lets see some execution and delivery. At around thanksgiving time the long vacations and cruises can start to kick in. But first SBYT mgmt and development staff should mail complimentary copies of the Web-enabled products to all of the Robertson Stephens analysts, and let them upgrade the stock to 'OUTPERFORM' after it has better than doubled.

Ed Strus
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