Superscape was founded nearly twenty years ago, and has been dedicated throughout its history to the development of ground-breaking software technology for the creation and delivery of innovative, high quality interactive 3D applications.
Over the years, Superscape has amassed unparalleled expertise and experience in the development of 3D software capable of working within the constraints of limited memory devices, slow processor speeds and strictly controlled file sizes.

Drawing on this knowledge, Superscape has established a world-leading position in the development of industry-standard 3D technology and applications for mobile devices. The company's Swerve technology has been developed specifically for wireless environments in close collaboration with ARM, and comprises a 3D engine (Swerve Client), authoring tools (Swerve Studio) and a broad portfolio of 3D content, with particular emphasis on 3D games. Swerve is being adopted on a global basis by many of the mobile industry's leading players, together with world-renowned content and brand organisations.

Superscape has corporate headquarters in Hook, Hampshire (UK) and San Clemente, California (USA) with regional offices in Tokyo and Sydney. The company is quoted on the London Stock Exchange (LSE: SPS).



Superscape (SPS) has received various tips in the press and by Analysts recently which will certainly give impetous to the share price. Indicators are looking good with the RSI rising off an oversold position and the MACD crossing showing BULLISH signs for the stock.

The mobile gaming market is still in it's infancy but the projected revenue is enormous. Mobile operators are looking at tapping the Gameboy market as they feel that users will not want to carry around a multitude of technology and if they have a mobile phone which can double as a gaming station than people will prefer this option.

People should also look at the recent contracts which SPS have signed for their technology. This is a technology company which could well be a great success in 2004.

Company website

http://www.superscape.com/

Please also check the SPS thread at
www.iii.co.uk

!CHARTS

Over the last few weeks there have been a large number of trades at mid price (i.e. not shown as buy or sell). The price has dropped, but not by much. It looks as though the sells out-weigh the buys (because most of the volume is mid priced), but I think there is actually a lot of buying going on, perhaps by the same buyer looking for a large volume.

My guess is we will be getting some news on figures soon (IMO).

Keep an eye on it. Lots of sells, then a big mid price trade.

skids

We need some news it is on the slide.

Kivver,

Is it? I don't agree. Its dropped, but I doubt it'll freefall. All these agreements and a global patent won't equate to no sales. Give it some more time.

The problem is no-one actually knows how much SPS could make. There have been guesses based on analysis of potential growth is gaming, etc. But we won't know until the cash starts coming in.

skids

now a 5% drop, lost too much money in the past to become to complacent, hope your right skids.

Kivver,

I'm in medium term, so if it drops by 10% I still won't sell because I believe SPS can only gain longer term. But if you need the money tomorrow, then you need to decide what risk your prepared to take - not wanting to teach you how to suck eggs, but we each have our own levels of risk.

PET is a good example I think, it fell like a stone and a lot of people (I imagine) lost a lot of money when they sold. But if PET goes back up in 6 mths then those that stayed will be OK.

I'm a holder of SPS and have been for a while now, so I believe in the direction. You must decide for yourself.

kind regards,
skids

P.S the market in general is bad today anyway.

Drops in price are always a concern especially in SPS whom i rate so highly, but as i know not of any change in their circumstances I am just envious of thos who just bought at 51p. I have no free funds or I would be tempted.

I thinks its just expectation that some news should have been posted by now of figures, etc. Fundamentally nothing has changed, if anything it should be rising on the back of recent revenue share deals. But as we all know, there are lots of people expecting a quick buck, and when it doesn't come off they go - arr well.

The 3GSM World COngress is on Feb 14-17, no doubt there will be figures by then. Who knows, SPS may even win an award.

60p is the hurdle at the moment, but so positive figures should scale that easily IMO.

skids

Doubled up on my holdings at 51p. They owe me nothing anyway as I initially bought sub 30p and sold half at 62p. Not exactly a trading stock but it's nice when it lets you have different bites of the cherry.

My average is now about 40p - but wouldn't like to see it there. 80p would be better, of course.

Lots of news to come from these - based on reality rather than jam tomorrow which has been the basis of its rise so far. What we need to see is the cash that has been generated by all those deals.

Thats the worry, is the cash rolling in now, certainly expect it too in the future, but you know what expectation did? i bought closer to 60p so a bit worried having lost a fortune on pet and all the promise that was there but didnt materialise.

Kivver,

Sorry, I didn't release you were in PET (otherwise I wouldn't have used them as an example).

On an SPS front we can only wait and see the results. I believe the Asian figures are the ones to look out for, as we (Europe) don't tend to renew phones or download games quite as often as in Asia.

Rgds,
skids

skids - I reckon the interesting figures will be from Verizon in the US, Vodafone around Europe and China Mobile in, you guessed it, China, in that order. The volume of downloads may be significantly higher in China, but the prices are much lower.

Anyone hoping for an update on figures prior to the results announcement (which I would expect to be in April) are going to be disappointed, I fear. SPS have never given a trading update, and with most of their revenue in the second half coming from sales in December and january, it's unlikely they will have the numbers themselves until end of Feb or even March.

I rang the Hook office last week and asked about a trading update and was told that nothing was scheduled for release until the results in March(end). Are there other figures from other sources that can give us an indication of what we can expect before then? Otherwise it's a rather long wait with an already drifting price.....not ideal from my point of view.

sandrew64, I think you just have to wait, companies do not normally make ad hoc trading updates especially when they have said they wont.

For what its worth I am still with these and have been for some time, like mg they don't owe me much. I am not worried about the current price, however if the price continued downwards below my stop I will be out of them but unless a good reason appears for the downwards moves I would expect to be back in soon.

I would not be surprised if they continue to make announcements of deals although I have no information to confirm this, from the string of announcements already made it would seem they are in a good position.

As always you are the only person that can decide what is right for you.

Good luck.

Cheap as chips!

the drop continues

Yes I am surprised at how far down they have gone, its getting near to my stop and does look a bit more worrying now. It would be nice to know why this drop is happening.

I don't understand this continual selling pressure - nearly all the trades today are sells suggesting were going sub 50p soon. Some director buying might help even if they can't or won't give a trading update.

Well I am not panicing .....yet! The lull while we await news is understandable ( a bit )although I already bought more at 53p thinking they would not go there again.
In a way I would like them to hit 49p because the buyers should flood in , and if they did'nt it would certainly have me for one scratching my head!

IMHO it's lack of trading news/ figures that has caused the slide, especially as several news reports at the weekend predicted the take up rate for 3G in the UK was a nonevent this year, but will be the big thing next Christmas instead.
Having said this, IMHO the fall is a bit overdramatic to say the least, let's face it we know the UK figures aren't really the ones we are waiting for.
I agree with you willfagg, 49p should certainly see some action.I think I'll join the buyers if I'm quick enough!

I've been in these for over a year and have no intention of leaving..... especially as I think it's about to get very interesting! It's just disheartening to watch it drift.