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: Dan Spillane who wrote (701)	9/17/1997 1:06:00 AM
From: Ginn	of 833

I did talk to Investor's relation few days ago. At the time, I thought 7th Legion will not come out this quarter. So I sold 5000 shares of SBYT and made a profit of $2,500 and expect for bottom fishing at earning release. After Setp. 15's announcement, I figured that 7th Legion will come out this quarter. So I will find someway to get in again. Today's activity gave me this opportunity to buy 5,000 shares back at the .5 off. Today's reaction may be a little bit of scary, I think everybody is watching the opening trading of SBYT very carefully and try to figure out to buy or sell. Since there is no trading at all at the opening so people started to imagine maybe some bad news for the company is coming up, So they started to dump the stocks and other people followed to sell. But the trend is that people started to buy back at 4 1/2 And I just got the chance to buy at the 10% discount of SBYT. Refer to this coming quarter's revenue, I am sure it should be better than 2nd quarter. The questions are how much better is good enough to meet analyst's expection. But I figure out no matter what's happening, it is always a bargain under 5.

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