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To: Marc Newman who wrote (11166)6/29/1999 8:11:00 PM
From: Jim Fitzgerald  Read Replies (1) | Respond to of 14266
 
"Hello, World" Hello, Mutual Funds.
I doubt if it will have a big immediate impact. There aren't that many funds that track the R-2000. Besides, they have their money divided among 2000 stocks. However, I'm sure that a lot of funds and individual investors use the R-2000 as a starting point for their screens. This could have a really nice long-term effect as more and more people discover the company, especially after Q2 when the GameFX charge drops out of the trailing earnings. The timing couldn't have been better.



To: Marc Newman who wrote (11166)6/29/1999 10:59:00 PM
From: gofrank150  Read Replies (1) | Respond to of 14266
 
In the same vein, would the one from last year show an amount of Granstream Saga (which I believe was also released on June 29th) that would prove your point?
>>

I don't remember the exact release date, but if 6/29 is correct (the 10k only says june 1998), then yes, it does illustrate the point. Granstream was the #5 revenue produce in q2 98, with about $2.1 million in revenue (from q2 10q). The w/s price was likely between $25-30, which means 70k-80k units, which of course couldn't have sold in 2 days at retail.

Chris