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Technology Stocks : Microprose, MPRS

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To: Richard Makowiec who wrote (372)3/14/1998 7:13:00 PM
From: Snake1132   of 633
 
Richard, I believe there are an awful lot of potential reasons one entity accumulated approximately 2 million shares of MPRS last week. All of the possible reasons are positive for MPRS. The most likely is a mutual fund or wealthy individual making a 6-9 month play given how depressed the stock is. That said, there is a chance, one greater than 1 in 50 IMO, that this presages a tender offer for the stock. Pure speculation here. But this stock is cheap if it is not going out of business soon. Too many brands, too much development in progress, too many talented employees.

I'm not going to make a short term play. I'm convinced I'll do fine if I stick to my long term plan. That plan changed this week. Another pull back, and I'll be in for double the shares I currently have. My real plan is to buy options if there is a reverse split. Right now only May options are for sale, but if a reverse split happens Nov. calls will go on sale. I see enough positives to leverage fully if a reverse split is announced and the stock dives and stays down until after the split occurs. Regardless, below 1 and 15/16 I'll buy the stock unless the company announces product delays regarding Falcon or Ulitmate Civ.

Good luck on your speculation.

Snake
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