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


To: Jay Lowe who wrote (536)5/12/1998 12:02:00 PM
From: John  Read Replies (2) | Respond to of 633
 
Different point of view.

The current thinking on MPRS is that the stock will go down because of the split. So lots of MPRS shareholders sold out before the split and are waiting to buy at a lower price, and everyone who still owns shares is in for the long haul. The supply of available shares is much smaller now (6 million) because of the split. With lots of people on the sidelines waiting to buy, it seems to me that once the first good piece of news comes out and the stock starts moving up, we should see PANIC BUYING not panic selling. I expect the stock to move up sharply in the next few weeks.

What do you think, makes sense? or am I in fantasy land.

John