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Technology Stocks : Spectrian Co. (SPCT)
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To: Leo Francis who wrote (82)7/1/1997 12:29:00 PM
From: Thomas C. White   of 738
 
Agreed. Don't know about NSCP, but a short on SPCT right now is recipe for disaster. There are some big houses with coverage on SPCT (such as DLJ) and they have been raising estimates. Another raise in estimates or major contract announcement for NT or QCOM etc could send it screaming into 40's. SPCT is presently at its highest ever production level and due to they own their own proprietary semiconductor production etc. there is a lot of operating leverage as their bookings increase. This was negative factor when NT previously reduced orders but positive when orders are piling in.

My own thinking is that $50 may be reached prior to end of this year as many PCS companies have to go into service soon.
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