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Technology Stocks : Spectrian Co. (SPCT)
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To: Leo Francis who wrote (38)5/31/1997 11:59:00 PM
From: Frank Byers   of 738
 
We'll see where this settles out with the bad news Friday on QCOM, which by the way I don't really care about. I think QCOM had good reasons for hiring those people as temp's in the first place, and now we're seeing the outcome.

SPCT bothers me though because power amplifiers are built by many companies, I don't think there are big barriers to entry into this market. Maybe the best play on SPCT is to get bought out by someone that wants to get into this market. It bothers me too that QCOM is testing amps by Microwave Power Devices, as per the news item on Thursday.

If SPCT pulls back below 20 I may be a buyer again, but I'll tell you what I held this stock from 19 (entry point 2 years ago) up to the mid 20's (did not sell) and then rode it down to the 8 level around Xmas time. Don't want to do that again. I'll be glad for SPCT if they make it back to 40 without me. NO regrets.

FB
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