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Technology Stocks : SPYG in the mid-teens

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To: Khris Vogel who wrote (136)11/7/1996 10:01:00 PM
From: Uriel Yepes   of 219
 
As a shareholder I do believe that there is a incredible market that Spyg will exploit and eventually benefit shareholders. The more I read the more I believe that the stock price in the s/t will go down vs up. Numbers will dominate the short term investors mind . The facts are that by doubling research and development to 12 million in the next 2 or 3 quarters there will be losses with no revenues to compensate ( forget the idea of issuing more shares won't happen) . Analyst believe that in 2 yrs there might be 20 million of these non pc internet devices. Our CEO sees 40 million. In 5 years maybe even 200 million. That is the optimistic view,but the one that we don't want to hear is that consumers may not accept it at all. That scary thought would leave Spyg with no Cash Flow. In other words broke. This has all the shareholders and future shareholders a bit wary about its stock price. This drastic move however was needed because as we all know MSFT and NSCP now dominate the pc browser market. MSFT license of Spyg will cease in 1998 exactly the year most predict will be the beginning of this explosive non pc internet device industry. A definite plus to our cause is the increase of research staff from 110 to 190 . In January we should see the first wave of these devices and depending on the intial greeting by consumers it should tell us a lot about SPYG's future. One more thing when companys such as SONY, NSCP, NEC, SEGA,MSFT,ORCL and IBM just to name a few are more than interested then it usually means lots of business. Navio has one advantage over SPYG and that is it has not gone public yet. Its backers will see they get the exposure needed for an initial offering. SPYG can not miss a beat now in order to beat Navio in the long run.
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