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Technology Stocks : Spectrian Co. (SPCT)

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To: Leo Francis who wrote (178)8/23/1997 11:30:00 AM
From: JOHN CHEN   of 738
 
Leo-First of all, I have enough PWAV already in IRA. There's nothing wrong to lock in my profits in my money market account.

You may be a much long term player than I am-that's you.

I am not "TOUTING" PWAV as you stated. I simply was making a comparison between the two companies in my first message. I like a lot of companies but does not mean that I must have positions in every company I like.

Refer to your statement that "I am not confident about PWAV"-that is not the case! If I am not, I would have sold all my positions in IRA.

Refer to your statement on 1.2 billion Chinese, I did not imply that 1.2 billion Chinese will subscribe to it. I simply stated the deal will service 1.2 billion Chinese in the service area. Of course, not all of the people will use the service and rather, it will take a long time to just service a portion of the customers.

You also misunderstood me on Technical Software. I was referring to the company name of your technical software. I am using TC2000 and it's showing substantial selling pressure.

I am not going to argue with you. Fine, you think SPCT will continue to outperform and I wish you luck.

I have made great money on PWAV, APEX, IRIDF, RMBS and ACCL ( almost a big lost and turned around ). I am extremely happy with my investment strategy and I am going to continue buying the same stock for both accounts and do short term in MONEY MARKET account and long term in IRA.

The bottom line is everyone has a different strategy to make money. Your strategy may pay off the way you like.

I am not going to change your opinion and you are not going to change mine. Like I said, SPCT and PWAV can both be winners at the end of the year.

We may have difference of opinions, but just as long as you get to where you want to be, it does not matter how you approach it.

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