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Technology Stocks : Microprose, MPRS -- Ignore unavailable to you. Want to Upgrade?

To: flickerful who wrote (125)	1/31/1998 5:22:00 PM
From: Richard Makowiec	Read Replies (1) \| Respond to of 633

<<<do you have particular expectations for earnings?>>> Hi Flick..no I guess I don't. I expect earnings as bad as the pre-release announced. I tend to not get optimistic under these types of conditions. I would hope that they "Sugar coat" the release as best as they can. Important thing I'm looking at is: Insiders bought 100k shares recently -and- 400k of short covering took place. Days before earnings could go either way. Some holders may dump...some may not. Important thing is the 2 items I mentioned above (important to me anyway). Obviously if I thought that dumping was going to occur this week I would not have "Maxed" out my holdings. I filled my target holdings at $1 13/16...100%...I will not be buying anymore. If I thought I could have got it cheaper next week, I would have waited until then. I'm gambling that it holds firm or trades up over $2 before the release even hits, just one man's opinion. Other speculation: It wouldn't surprise me to see more insider buying after the "quiet" period is over. I hope Falcon 4 and Agents of Justice release on time. These two will be "Big" hits! Some console news in the future is expected by me (hoping anyway). Another thing, the way Europe is buying computers and expected to continue, MRPS's phone probably has rung with offers already...management just may not like the lowball offers coming in though. Maybe they'll dress it up nice over the next 6-9 months and then get better offers. All of the above is pure speculation (except short covering and insider buying...these are factual). Trade at your own risk. What's your thoughts on MPRS short term and longer term (2 months and 12 months respectively)? Rich