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Technology Stocks : Spectrian Co. (SPCT)
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To: P.T.Burnem who wrote (548)10/24/1997 12:56:00 PM
From: Jay Malde  Read Replies (3) of 738
 
Here's what I got from Briefing:

Spectrian (SPCT) 26 3/4 -15 3/8: Lehman Brothers lowers its FY98 forecast to $2.04 from $2.24 and its FY99 projection to $1.98 from $2.28 a share. Concerned that wireless infrastructure growth may have peaked. Also disappointed with SPCT's margin improvement. (Posted 12:20 ET).

So it looks like SPCT is trading at 13X revised 98 EPS.

Jay.
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