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Non-Tech : Speizman Industries (SPZN)

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To: Steve Smith who wrote (5)9/25/1997 12:15:00 PM
From: Christopher Brainard   of 21
 
Steve, Stock has pulled back today on some profit taking. Might make a point to jump in as I think the selling will not run for much longer. Should the stock fall below $8, I think I will start adding to my position. Upside potential remains $10-$12 in the near term. If the 1st quarter earnings come in around the $0.25 - $0.30 area or the company lands a monster quarter ($0.48 4th Qtr 1993) then old SPZN could start a run like the run it had back in 1993 when it jumped from below $10 to over $20 in a few weeks. I am not saying this is going to happen, but it is really nice to think that it could.

Chris ....
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