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


To: Bruce Cullen who wrote (1329)1/8/2000 12:08:00 PM
From: darbyred  Respond to of 1412
 
Thank-you for your response.

I have ridden this stock (SPYG) down and up a few times over the past many months. At the present price it is tempting to sell. However, I believe the settlement of the class action lawsuits, the need of its technology by Microsoft and others, its apparent stable financial position, the small number of authorized shares, and the prospect of money on the sidelines waiting to be invested before April 15, all give the company a better than fair opportunity to be a $100 stock. Obviously, the NASDAQ has to have bottomed this past week.

Darbyred



To: Bruce Cullen who wrote (1329)1/9/2000 11:20:00 AM
From: Harry Stein  Read Replies (1) | Respond to of 1412
 
Hello Bruce, just starting reading about SPYG and other internet companies through the Harmon report. Seriously looking at SPYG, something scare me a little. The company has a Market cap of about $700 million with a 164 employees (per SI Profile). This works out to about $4 million per employee, I take it they probably don't have much a hard asset value. This scares me!
Do you have growth projections for sales and earnings? When could one expect SPYG to turn to profitablity? I think cable and wireless technology is likely to take off, will SPYG be the? And what alliance will take them there?
Excuse my questions, if they sound novice, for I am in this area, but I think that is what SI is all about. You have to learn somewhere.
Regards to all, SPYG is certainly getting some attention.