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


To: Oska who wrote (1354)2/7/2000 2:25:00 AM
From: Oska  Respond to of 1412
 
JSB's value went up British Pence 225 on Friday. At 800,000 shares, SPYG's value went up Pound Sterling 1.8 million. At a conversion of 1.59 to the United States dollar, SPYG's value went up $2,862,000.

It is nice unrealized profit for a day's parking money, and one can be sure that SPYG management have noticed it in terms of making investments on their own.

JSB
Exchange: London
Delay: at least 20 minutes
Last Price: 2,145 at 16:46 GMT
Change: Up 225 (+11.72%)
High: 2,145 at 16:46 GMT
Low: 1,920 at 7:55 GMT
Open: 1,920
Previous Close: 1,920 on 2/3
Volume: Not Available
Currency Units: British Pence

Confirm all data with your broker or financial advisor before trading.

Data by: S&P ComStock

All my best,

Osman.



To: Oska who wrote (1354)2/13/2000 8:18:00 AM
From: Oska  Read Replies (1) | Respond to of 1412
 
In tracking SPYG's 800,000 shares of JSB SoftwareTechnologies Plc, I believe I may have been using the wrong symbol. EASDAQ (European Association of Securities Dealers Automated Quotation) gives the firm's stock prices in United States dollars under symbol JSBS: easdaq.be

The latest closing price is 111.00 USD, which at 800,000 shares is 88,800,000 USD; combined with the cash payment SPYG received, the Surfwatch sale has netted Spyglass over 100,000,000 USD. This represents a huge windfall for the firm. They have a great cash trove with which to invest in technologies to get more entrenched in the wireless and set-top box browser areas. With companies like Be coming out with their BeIA browser for the Internet appliance market, the money will give Spyglass a lot of ammunition to fight the competition.

All my best,

Osman.