Spectrian Co. (SPCT) Message Board

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Technology Stocks : Spectrian Co. (SPCT)

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To: James Knight who wrote (462)	10/21/1997 4:26:00 PM
From: Sonny Blue	of 738

James, I agree that short term price action in big stocks like IBM and MSFT do not tell the whole story most of the time, since they are simply too large for anyone to manipulate. But in smaller stocks like SPCT, price action could tell you a lot. That's only if you believe in "insider" trading - which I always do, big or small stocks. To illustrate, let me tell you a story. A year ago, I bought a stock a week before earning announced. I posted a message on AOL to ask if anyone could estimate the earning. A day before the earning announced, one guy (or girl) posted a mysterious message showing the exact earning & revenue amount. I was quite surprised and tried to email this person - but he disappeared totally from then on. Now you think the SEC will investigate this?! By the way, that company went bankrupt a year later. Of course, I may be wrong but the probability is high that someone does know something! (I bought & sold SPCT several times and I am not shorting it!) Sonny

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