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Gold/Mining/Energy : MPA--MasterPiece Games Network Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Mark S. Schroeder who wrote (48)4/7/1998 2:47:00 AM
From: Marty Lee  Respond to of 96
 
Masterpiece Games Inc -
Net income for second quarter
Masterpiece Games Inc MPA
Shares issued 9042272 1998-04-02 close $0.11
Monday Apr 6 1998

Mr Yasser Seirawan reports
For the period August 1 1997 to January 31 1998 the company had income of $88,550 based on revenues of $533,944. A profit of approximately $0.01 per share.

We expected this. We should be getting the quarterly report soon.

Your friend,
Marty



To: Mark S. Schroeder who wrote (48)4/22/1998
From: Marty Lee  Read Replies (1) | Respond to of 96
 
Mark..

MPA stock keeps jumping from about .08 to .16 on zippo volume. I don't expect much more than this from the MM's on the VSE. That will change if and when Yasser's company shows some definite signs of growth advancing Chess on the Net. Once upon a time, everybody was all hot and bothered about the idea. For now, the thrill is gone. Do you think it will ever come back? Do you think Chess and other strategic games have any hope of getting some attention and gaining a following on the Net? Whole magazines are devoted to fascinating the young male with blowing up shit with Dunn 2000, Command & Conquer, Air Warrior.. the list is endless. Reminds me of the story about the tortoise and the hare. Eventually, slowly and surely, strategic games may catch up and get their market share of these kids. (perhaps with some promotion in Computer Games Magazine and the devotion of a site on Yahoo!)

As for MPA,
The company's value and the value of its stock seem disparate for now. But that's precisely what makes some stocks such a good deal to get in on. These are the sorts of disparities we should only hope to find more of. As a general rule on Wall Street, a stocks P/E should be about equal to the company's projected growth rate for it to be fully and fairly valued. For MPA, establishing a "growth rate" will depend on analysts having the information necessary to calculate at least its potential stream of revenue, profit margins, earnings per share, etc. That information is forthcoming. Hopefully, it will point to something quite lucrative for Yasser's on-line gaming strategy as the marketing mechanisms to generate a growing positive cash flow are put in place. All this will depend upon Yasser and his efforts to build a Premier Chess Site on the web with collaboration and some real promotion behind it from other vendors of on-line gaming. To be sure, there are other sites at which to play chess on the Net right now. However, I think they are likely to take a back seat to someone as enterprising as Yasser. If it's any consolation at this time Mark, Yasser and Company are still quite focused and working hard, even while everybody else is asleep.

Your friend,
Marty



To: Mark S. Schroeder who wrote (48)6/12/1998 12:33:00 AM
From: Marty Lee  Respond to of 96
 
Everybody! Yasser's Networking.

Yep. Yasser's NETWORKING as they say in business circles. He's also in the business of working the Net.. And guess what. This Seirawan fellow has so much more than just a modicum of acumen and intelligence when it comes to playing "games." Whether as a World Champion Chess Player, a business man, or in Life! For those concerned with what they've got of MPA stock, Yasser represents good, honest management. He has to. The people who work for him demand it! No matter what you invest in, remember you're investing in people. Especially with the start-ups. Management is Key. Enough said.

Your Friend,
Marty