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

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To: Coy Lynn Gullett who wrote (553)7/20/1997 2:37:00 AM
From: Dan Spillane   of 833
 
Stinky garbage stock given up for dead? Alas, Microprose/SBYT stock has been left out to ROT in the Wall Street summer sun! Here it is trading at a 57% discount to the minimum buyout value (per ERTS/MXIS)...probably more like a 100% discount if you figure the large number of brands Microprose has (see the 10K).

The whole boom/bust thing operates wonderfully...in a way which capitalizes on all the little investors who love Microprose's products. You know, buy HIGH, sell LOW.

By the way, what's this about a new federal tax break for selling software internationally? And what's this in the 10K...all the new titles lined up for the rest of the year. Falcon 4.0 is a sure winner by Christmas, and no doubt others.

...maybe not as stinky garbage as some believe...

Dan
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