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Technology Stocks : Sportsline (SPLN) -- Ignore unavailable to you. Want to Upgrade?


To: bargainman who wrote (614)3/22/1999 12:42:00 AM
From: ajunkh  Respond to of 858
 
FYI, folks, I liquidated my option position last week with the common between 52 and 57. I'm not sour on the stock, but I thought that there was less upside than downside risk between now and expiration in April, and I didn't want to take delivery of the common. The NCAA tournament was the final one in the series of events that I felt confident making predictions of postive impact on SPLN stock performance about in December. I have less of an idea where we are headed in the near-term, so it was also time for me to take it off the table. For now. Long-term, I still believe that SPLN is ideally positioned to corner the market on communities and services related to non-professional and alternative participatory sports, and that this is the key to growing their potential user base to astronomical proportions. When they move on this, I'll be back.

Cheers,
Ajunkh