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Technology Stocks : Microprose, MPRS

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To: Mad Bulgarian who wrote (166)	2/5/1998 6:01:00 PM
From: Richard Makowiec	of 633

<<<Is this an implosion or what??>>> Short term it's a nightmare...long term? It really stinks knowing a stock you hold will fall the next trading day. At least it will fall from $2 5/8 opposed to $1 15/16 (little cushion?) One thing I could have done without (in the release) is the profitability in 1999. Also, the possible NASDAQ delisting remark was not needed (although it comes as no surprise). I'm still a longer term holder and don't really care about today's release (although it is pretty poor). It was fun watching it trade up pre-earnings...maybe a couple qtr's from now if/when it trades up pre-earnings it will have a positive follow-through on the actual release. Obviously this time it does not. Lost Rev? I'm not sure either how they "BLEW-IT" this bad last qtr. Hard to understand such a shortcoming in rev. I think 5-10 mil loss rev. would be more appropriate. For certain their channels stink right now. Management better get the channels working quick. Without the right exposure the rev. will never reach old levels...even with newer products. Let's hope they straighten this out soon. Tomorrow is probably going to really stink...oh well, here's to next x-mas! Rich

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