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Microcap & Penny Stocks : Spectrum Information Technologies (SPCLQ)

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To: Richard Chowning who wrote (33)4/9/1997 2:17:00 PM
From: Stephen Goldfarb   of 50
 
Richard: SPCLQ was the former symbol for Spectrum Information Technologies. When it emerged from bankruptcy, effective, I believe, March 31, the shares underwent a reverse split (about 1 for 75). The new symbol is SITI. The price reflects the post split value. The price has been very volatile on low volume. The Q after SPCL (i.e., SPCLQ) indicated that the company was in bankruptcy.

Steve
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