Spectrum Holobyte, Inc. (SBYT) releases Q2'97 results Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dan Spillane who wrote (794)	12/5/1997 9:24:00 PM
From: Sleeperz	Read Replies (1) of 833

>>>>Ugly. Horrible. Hope everyone got out in time. I used to own thousands of shares but sold them in the 5 3/4 - 7 1/4 range. Thank God -- there is serious danger here of MPRS being de- listed from the NASDAQ due to more losses and insufficient shareholder equity. MicroProse Says Costs, Lost Momentum From Aborted GT Merger to Result in 3rd Quarter Loss of $7-$10 Million on Anticipated Revenues of $17-$20 Million >>>> MPRS has enough cash to cover this loss. FY99 will be a whole new company since all the in development games will finally be finished. MPRS will be starting the new year with a clean slate. I think MPRS figuring that the GTIS merger would have gone through delayed releasing games until the merger was closed so the merged companies Revenues and earnings would have looked better. But I guess some big GTIS shareholders couldn't hold on to their bladder anylonger. AKLM wich now has negative equity and about twice as many shares outstanding and only Turok going for it trades at $4+. cl

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next