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Technology Stocks : Spire Corp. (SPIR) Rocketing??
SPIR 8.210+5.1%3:59 PM EST

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To: Bill Monahan who wrote (24)9/17/1997 5:12:00 PM
From: Scott Maxwell   of 60
 
I have looked into the situation. The company has scored some impressive revenue and profit gains this quarter (after years of erratic growth and decline). However I think the stock price has overshot based on hype connected to the solar panel work they do, particularly after a press release connecting them with President Clinton's solar power initiative. It is now definitely on my short candidates list -- the impact of the hype is likely to wear off soon. This is just my opinion, of course, and everyone should make their own investment decisions based on their own experience and judgement. <g>
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