SI
SI
discoversearch

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 : Microprose, MPRS
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mad Bulgarian who wrote (378)3/15/1998 10:09:00 AM
From: Richard Makowiec  Read Replies (1) of 633
 
<<<The most glaring example was their "explanation" of the reasons for calling off the GTIS merger ("We all felt it wasn't the time").>>>

Hey Tony I too was dissapointed at the explanation. I wasn't a shareholder at the time but became interested at that point. Not sure if this helps but I attributed that "Lack of Detail" to the deal that was inked. It was obvious at the time (on the street) that MPRS was the entity that wanted to call it off. Under those conditions GTIS could have made MPRS forward an $8 mil break-up fee. GTIS probably waived this with stipulations. MPRS would have to be humble with the press...it's the only explanation I can come up with to rationalize things. It works for me and fits...not conclusive that it is true, just speculation.

If true, then it was a wise move by MPRS brass. Sending an $ 8 mil check over to GTIS would have been detrimental to the future of MPRS. They have enough challenges without being more cash stricken than they already are.

I hope one man's observation helps a little bit here. Sounds like you have some legitimate gripes about management and the lack of performance in the stock valuation. If you hold longer I hope it comes back for you. If you sell...good luck in your future selections!

Have a nice Sunday all,
Rich
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News