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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Michael C Quesnel who wrote (26770)	3/18/1998 2:29:00 AM
From: Coy Lynn Gullett	Respond to of 132070

<<<Yes, I admit it was a hasty opinion. What do you see that looks good for Microprose? Possible takeover candidate? If so, by whom?>> First..the greatest reason MPRS is at the price level it is currently is ...Delay of Products and failed merger with GTIS... Profit Last fiscal year, will post a loss this fiscal year ending March 98...Have about 25 million in cash but 30 million in long term debt..Inventory and qtr to qtr operating costs are under control.. ..All New Management team came in the last 1-2 years under the... CEO Steve Race (previous President of sony playstation of america) current management took strategy of high quality titles vs. low quality..part of the reason for product delays, but quality equals longer life in the stores... Microprose has the best lineup of games in the next year in it's 15 year's in business and with PC prices dropping it can only help sales some of the very recent events OEM "ultimate race pro" with creative labs voodoo blaster 8meg version released retail version of ultimate race pro today. releasing M1 tank platoon 2 next week..already in duplication.. Some of the major games coming down the pipline in my opinion.. Falcon 4, Ultimate civ2 multiplayer, Mechwarrior 3, mechcommander, Agents of justice, X-com Interceptor, 2 startrek products using the unreal engine, they have about 15 games coming out this year and all of them are top quality...two years ago they released eight products with average volume per title of 246,000 units which equaled 100.3 million and a profit of 8 million the share price at that time hit the high of $10...now they are releasing twice as many titles of the same quality.. Steve race the CEO in DEC or JAN bought 50,000 shares at 2 dollars his yearly salary is 296,384 so a $100,000 purchase is significant Gilman the charman of the board bought about 37,000 shares and a few other executives bought a couple thousand each IF you are interested I would read the MPRS board here on SI as for a buy out..in the last conference call they said NO , they want to bring the company back to the level they were a year ago.. anyway just the five development studios without the the brands are worth more then the current marketcap.... Coy