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


To: Art Bechhoefer who wrote (1124)10/20/1999 8:36:00 PM
From: Bruce Cullen  Respond to of 1412
 
When internet stocks are dropping after making money (profits) and are below a price of ten/share I say they are missed, this company is SUPER OVERLOOKED & UNDERVALUED.

I said the same thing about (PRTL) not more than a few months ago or so, it reached 23/share recently and is valued like SPYG at an easy 25+ now.

PRTL still is loosing money yet SPYG will increase it's revenue from here, this will not last long in my opinion, I give it less than 2 weeks to be above 12 or I would be starting to wonder.

Earnings that are in line or better hurt stocks, strange but usually afterwards they start to climb. SPYG beat street with sales revenues up 49%... great numbers.

It will be reflected soon in my opinion.

Bruce Cullen
Sherwood Coasts Group



To: Art Bechhoefer who wrote (1124)10/20/1999 9:35:00 PM
From: lazarre  Respond to of 1412
 
3 points, Art.

1)the earnings were reported after the bell

2) alot of communication and comm/inut hybrid stocks took hits today after reporting great revenues, beating consensus. I know, I own one of the 2 ( EMC, RFMD ).

3) cnbc had an extremely bullish report on spyg at around 5: 30 or so; whether that translates into more interest=buying, who knows? Personally, I wouldn't have revisited this company if it wasn't for the report. I plan on taking a position tomorrow if it does not run to fast out of the gate.

L