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Technology Stocks : Spyglass -- Ignore unavailable to you. Want to Upgrade?


To: Ray Dopkins who wrote (1041)7/30/1999 12:58:00 AM
From: Rob Terrell  Read Replies (2) | Respond to of 1412
 
At the end of the article they mention Spyglass

I found what you said about Non-PC devices to be very interesting. I recently began following Spyglass SPYG and started buying around $15. I have noticed that the stock has problems staying above the $20 area. I also noticed that insiders in Spyglass have been selling into the strength. Spyglass seems to be a good play on the surface but am I missing something here. Thanks for your input.

Daniel King: Our firm's other Internet analyst, Mr. Barry Glasgow, has a BUY recommendation on Spyglass (SPYG). He sees the company moving ahead along two strategic partnerships in the non-PC devices industry: set top boxes in partnership with General Instruments and wireless and Windows CE devices via development agreements with Microsoft. Mr. Glasgow believes the outlook for Spyglass is very bright and we are not concerned about the insider selling activity since it is well known that the insiders plan to dribble out shares on a regular basis for the purpose of financial diversification. We do not see the insider selling as a signal of management's lack of confidence in Spyglass' future.