Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Snake1132 who wrote (376)	3/14/1998 9:15:00 PM
From: Richard Makowiec	Respond to of 633

Hey guys...excellent thoughts. The ole guessing game is what we are playing. Sit on the edge of our seats and anticipate...that's ok, that's what it is all about. My feelings? This co. isn't going out of bus. anytime soon. I'll be out way before that possibility gets a chance to play out...if it ever could. This co. will probably go bye-bye -via- buyout. If my very subjective hunch is true it may be soon. Or at the very least a rumor hits...rumors pay as much as the real thing, sometimes more. Look at the 180 chart. I won't go into any T/A stuff here...let's keep it simple for the thread. 4 times on the chart you see unusual volume...indeed a pattern. What good is a chart if you don't learn from it? Anyway, 1st time high vol. GTIS merger hit...2nd time GTIS merger broke off...3rd time pre earnings run-up (much smaller vol. but still pronounced on the chart). 4th time (now)????? This co. historically does not trade this vol. without something hitting the wires. Guarantee? No way...I could be wrong, still I will play it accordingly since the chart vol. makes this one all to simple. The only thing I need now is a confirmation. That's why I don't get stupid and put orders in for Mon. morning. I'll be watching and if some follow-up occurs I'll be in it within seconds for the big plunge. Snake...you may be correct about a fund manager playing a 6-9 month outlook here...low odds for me to buy into it though. Those guys usually would slice the trades up small and spread them out over weeks or even months if the play was 6-9 months. Let's watch for a filing anyway. Like I said...as far as I'm concerned something is up...may be buyout..no way of knowing. I'm pretty sure(speculating) some kind of major news will hit soon and explain this huge vol. the past week. I also doubt that were part of a pump & dump play here (thank gooodness). since those usually involve the news before the vol. so the insiders or big money can exit more gracefully. One thing is for sure were a heck of alot better off than the weekend before when it hit the 1 7/16...what a boring and kind of painful future (near term) we were looking at. This week may prove to be fun and exciting...we'll C! Snake your right about the 1/50 being low...I just don't want to get too excited here. Indeed, other indicators favoring better odds are: 1) Shaking of shares to set a new low 2) Very unusually high vol. 3) Slow steady rise (incremental, spread over several days...this is my favorite one. 4) Climax of vol.(highest vol. day) on the last day of the week (sometimes leads to early mon. morning news:):):) Anyway...I'll wait for my confirmation before sending in the $$$. Take a look at the chart below to analyze the vol patterns I commented on above. At the very least if no buyout or rumor hits some kind of positive news should. That is better than nothing for a long holder. Also, Like I said in post #258..."The best time to make a play for MPRS is before the end of March 1998" (In my humble opinion). Short term it would fit since MPRS is low and capable buyers are high (the value of their stock) let's hope someone realizes MPRS's value and makes a play for them with or without the consent of the BOD (Board of Directors). iqc.com Have a nice weekend all! Rich

To: Snake1132 who wrote (376)	3/15/1998 2:40:00 AM
From: Mad Bulgarian	Read Replies (3) \| Respond to of 633

Snake, I really, really want to believe you. Truly. I haven't sold a single share, I've held on for a very long time, and I would love nothing better than to wait another year and see MPRS at 6 or 8 or higher. Unfortunately, I no longer see any new hope in your post. I've heard it before: Just wait another quarter or two, amazing games are on their way, just hang on a bit longer, the demos look fantastic, this time it's different... ("What A Difference A Year Makes" - Remember?) They should be forced to use that tag line on the next annual report cover as well! I feel like the little old ladies in Vegas playing the slots - just one more nickel, just one more quarter, maybe we'll go home rich... My problem is not so much the performance of the company, bad enough as it is. It's management's lack of forthright communication with the outside world. The most glaring example was their "explanation" of the reasons for calling off the GTIS merger ("We all felt it wasn't the time"). That made my jaw drop to the floor. It was painfully obvious that the real reason was being concealed, and I will argue that a good part of the subsequent price drop was due to this evasiveness and the uncertainty and risk it created. What I've learned from this experience (aside from not investing in such speculative situations) is this: Always tell the truth, and tell all of it. You're not pulling the wool over anyone's eyes. You're just creating more uncertainty and perception of risk, which is driving your stock price even lower than the bad performance alone would justify. (Might want to factor that into your models). I'm hanging on, but I've abandoned all pretense of being an investor in this company. I am now a lowly speculator, riding the rollercoaster and looking for a soft spot to jump off.