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

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To: james d. hargrave who wrote (504)6/12/1997 3:19:00 PM
From: ROCK   of 833
 
I am having a real hard time watching this stock drop,having 7600 shares it's killing,I'm lucky that I sold 3000 shares a couple of weeks ago! I really thought that SBYT had turned the corner,the last three quarters of 06,20,04,had me believing that this could be a viable and up and coming company,I realize that this quarter coming up is known to be weak. Why have we not heard from MR. RACE on what he has planned to do about his companys shortcomings? James I have only followed this company since SEPT.96 and was not around last JULY when SBYT hit 3 3/4 as there low,how did they come out of that hole? I don't see that many quality games coming out in the near future,do you? There new strategy of fewer games and more quality does not seem to work. Lastly is my dream of this company getting bought even possible? With debt of 56% and not many games on the table,who in there right mind would buy SBYT?? I understand that as of this writing I am down in the dumps and might not even be making much sense to anyone,with SBYT at 4 1/8 and dropping I have no where else to turn,is anyone out there more possitive than myself when it comes to SBYT ?? Thanks for any response!!
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