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Technology Stocks : Spectrian Co. (SPCT)
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To: William Triplett who wrote (104)7/22/1997 4:45:00 PM
From: Thomas C. White   of 738
 
To me, just seems some to-be-expected selloff from a stock that's had a straight-up run for a couple of months. They beat even the "whisper" estimates by a mile so it should be consolidating in the $40 range and I have my doubts it will see $35. I've been known to be wrong though. I will buy back the half I sold at $45 if it gets that low.

I do wish they would split the stock to improve the liquidity. There are not too many shares outstanding, even less real float due to large insider holdings and a couple of funds etc., and bid/ask spreads can be exorbitant.
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