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Technology Stocks : SPYG in the mid-teens

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To: Robet Butkus who wrote (15)9/12/1996 11:18:00 PM
From: David Freibrun   of 219
 
Well lets see the stock has traded as low as 12, which was for a very brief time.

Spyglass split 2:1 sometime late in 1995. So adjusted for splits the stock had its initial offering at $8 1/2 per share.

Those who buy in now are essentially buying it at double its IPO price. But another way of looking at is that you bought at a 50% discount to its 52 week high.

Right now, I see us as smack dab in the the middle of its trading range. But I still remain excited about Spyglass for the future. I especially am intrigued by the Surfwatch server that will be incorporated into TV Web browsers..

I would like to hear some criticisms of the company as well so I can keep my prospective in balance. ANy thoughts on Navio's the offshoot of Netscape for embedded web technology?

Later,
David
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