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Technology Stocks : SPYG in the mid-teens

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To: Khris Vogel who wrote (186)1/3/1997 1:38:00 AM
From: william t. cannon   of 219
 
Good post, when I saw the revenue announcement on the Spyglass homepage the first thought I had is what will this do to their R&D ramp up strategy. I find it interesting that Microsoft supposedly values the relationship. After reading the BW article about intelligent devices being WEB based eventually I was even more of a believer of the Spyglass strategy. I hope this cash crunch doesn't hinder it. I guess my question is how could this happen after Colbeth was in the press last month saying he was comfortable with analysts revenue and earnings projections? I have decided to ride out Spyglass for the long term, any more suprises like this and I'll be agnostic and broke.
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