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Technology Stocks : Spectrian Co. (SPCT)

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To: Leo Francis who wrote (362)10/6/1997 10:14:00 PM
From: Carl R.   of 738
 
I think we bottomed safely today. After noon the 45-46 range held very well. Rallies didn't go anywhere, but neither did the further dips. This should set the stage for a rally tomorrow as the shorts lose interest.

Incidently as of the end of Sept there was virtually no short interest in this stock with about .25 days to cover. For what it is worth the short interest in PWAV is much larger, and has been growing steadily. It is about 2.5 days to cover at the end of Sept.

Good luck,

Carl
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