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Technology Stocks : Spectrian Co. (SPCT)

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To: Clint E. who wrote (338)10/3/1997 8:03:00 PM
From: Dwight E. Karlsen   of 738
 
Yes Clint, I did watch SPCT for a month or so after you mentioned it to me. I never invested in it mainly because I was concerned with the First Call estimates for FY ending Mar 99 being less than FY ending Mar 98. Only 3 brokers, but still, what do they see? Then I stopped following the stock, and the next time it catches my eye was when their press release popped up on Yahoo last night. -G-

One stock which has frustrated me for two months is Nokia (NOKA). The stock reeled around like a drunk for two months, gapping up one day, gapping down the next, etc. Three times I took a long position, and each time the stock would drift down lower, and I would sell for a modest loss, and get back in lower. I finally bailed in frustration on Sept 11th, when NOKA was dropping yet again to $80. Of course, since then it's been almost straight up, and today the stock is over $98. Oh well, I'm certainly not chasing the thing now.

DK
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