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Technology Stocks : Microprose, MPRS

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To: John who wrote (164)2/5/1998 5:37:00 PM
From: Mad Bulgarian   of 633
 
This is not just a disaster, it's a giant smoking crater in the ground.

I am sick of companies issuing glowing press releases starting with the word "Phenomenal" on the day they post a phenomenal loss. The only thing phenomenal about MPRS is the cynicism, mendacity, and incompetence of MPRS management.

You don't just happen to get "distracted" and lose 20 mil in revenue. You lose this kind of money BECAUSE PEOPLE DON'T WANT YOUR PRODUCT!!!

The GTIS "distraction" may have cost them $700K or $1 mil, but $20 mil?? Just how stupid do they think we are???

About the only thing this company can do is throw out long, impressive-sounding lists of titles - which may someday be finished, and might hit market long after everyone has forgotten the excitement of the movie or game they were based on, and WHICH NO ONE WANTS TO BUY!!!

And there has been shameless manipulation of the stock the last 3 days, probably hoping to entice novices to jump in so the insiders could dump.

Our only hope is a hostile buyout at about $3 bucks followed by immediate firing of current management.
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