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Technology Stocks : Microprose, MPRS

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To: Snake1132 who wrote (369)	3/14/1998 1:04:00 PM
From: Richard Makowiec	Read Replies (2) of 633

Great posts everyone...times like this are fun (price incline in your security). I guess were all trying to do the best we can in forecasting and many different ideas emerge as a result. I tend to give alot of focus this week to the longshot buyout offer. Not to be interpreted as a "Sure thing". Instead, the likelyhood has increased from about 1/100 to 1/50 (maybe even more in my very subjective viewpoint). I look at the 5 day vol. and have a difficult time attributing it to insider buying...market conditions...product release news...sector comments (recent s/w comments that aired because of h/w lagging),etc. Friday to Friday the shares traded from a low of $ 1 7/16 to a high of $2 7/16...unusually high volume for the last 5 days as well. Indeed it bounced nice off that new low that was set...perhaps waaaaaay to nice! I wish I were positive but I am not....pure speculation, something is up here! I think someone is chasing or eyeing out MPRS here. Since it is only an opinion I sure wouldn't buy any shares based on it. If you were going to hold long term anyway (like myself) it may prove to be comforting speculating on MPRS as a near term target since it may appreciate the shares quicker. If you were going to sell soon I guess I would anyway because any buyout would be considered a longshot at this point...I wouldn't advise holding soley for a longshot. I'll be watching closely from here this week. If I see some momentum blocks (big) hit during next week on a 1/4-1/2 price surge I just may jump in some more for a momentum play and try to sell(the new shares) on a buyout rumor (if one should materialize). I am averaged in real low on MPRS so I can take a risk play like this and recover pretty well from it should it fail. I don't advise anyone following my lead unless you can absorb a short term loss. If big block buying resumes (like I think it will next week) should it reverse, I think it will be quick and could drop the shares back below $2 instantly. Alot of risk jumping in above $2 1/4-2 1/2 for the short term...again don't do it unless you can absorb a pullback. Again...I am speculating on some follow-up buyside blocks occurring next week...if true, I'll be playing it accordingly. If not true and it does not occur I will not buy more and will simply sit long on what I have for my original 12 month play (which began in increments last x-mas). I hope everyone views this post as pure speculation...I am not privy to any news or information pertaining to MPRS being a target for buyout (friendly or hostile). I am simply viewing last weeks volume as an indicator that such may be more possible than the prior week when the stock declined. What ultimately happens? Who knows? Have a nice weekend everyone. What's everyone think about a near term buy of MPRS? As opposed to it's possibility the week before? Or week before that...and before that...surely the 1 week chart has to be given some considerable attention here. PS: anybody use KALI here? I do and was wondering if any tidbits have surfaced for Falcon 4 being KALI designed or if TEN will be the main online platform. Rich

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