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SPYGLASS, INC.

Company Profile

Spyglass was one of the first World Wide Web browser development companies. The first commercially available web browser that I know of is Spyglass's "Mosaic". They were involved with licensing technology to both Netscape and Microsoft. Spyglass offers Internet enabling technologies and content services.

Info. on the Covered Call (expired)

Acquisition Costs

date: Oct. 27, 1998
Buy 100 Shares @ 13 SPYG SPYGLASS, INC. $1,300.00
Commission $25.00
TOTAL $1,325.00

date: April 1, 1999

Buy 10 Shares @ 8 7/8 $88.75
Commission $1.50
TOTAL $90.25

Capital Gains

Sale Date: Decmeber 21, 1998
SOLD 50 @ 19 7/8 (less commission)

Net proceeds from the sale. $978.80
Less acquisition costs = net profit before taxes (Capital Gains) $316.30

May 4, 1999
SOLD 50 @ 17 11/16 (less commission)

Net proceeds from the sale. $876.89
Less acquisition costs = net profit before taxes (Capital Gains) $214.39

Balance of stock = 10 shares


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