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Technology Stocks : Spectrian Co. (SPCT)

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To: Richard Tuck who wrote (246)9/13/1997 10:01:00 AM
From: Leo Francis   of 738
 
Richard, I also understand CNBC had a piece on Spectrian Friday around 3 p.m., during their winners and losers section. I did not see it though. Yes, during the investor's conference (meeting really) Garretson indicated that they would exceed estimates. But I and most, already processed this as a given, imo. The estimates were always too low.

What really moved the stock was product and customer related.

We may now see some short term profit taking, since "news", although not official, has "leaked" out. But these will provide buying opportunities.

I probally will add to my position on anything at or below $50 through earnings reporting date for this Q.

Closing above $51, is a very very strong bull indicator of a breakout.

Good Trading. LF
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