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

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To: John who wrote (668)9/2/1997 1:09:00 PM
From: james d. hargrave   of 833
 
John V.

<<<Do you really think SBYT is going to hit twelve?? I'd be happy with $7 - $9.>>>
Heck yeah! I think what happened last year is a bunch of people shorted SBYT when it hit 9 1/2 (it sat there for a week) then it gradually floated back down. It has become a very predictable stock
in some ways. Management seems to be doing an excellent job w/debt and
product.Last year at this time they were not nearly as "happenin'" and they managed to jump up and touch 10. Analyst's numbers for '98 are way higher and if those numbers don't come from the "Christmas Frenzy" then where WILL they come from? Next summer SBYT will be right back
close to where it is now.IMHO.-I don't think 12 is unrealistic,no. jh

p.s. next time you see apr.5 calls @ 1 1/4 ,please let me know!!
you're gonna make a nice profit-way to go!
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