SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Spectrian Co. (SPCT)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Leo Francis who wrote (540)10/24/1997 2:38:00 PM
From: Thomas C. White  Read Replies (1) of 738
 
Hi Leo. Basically it looks like dumping by earnings momentum investors who maintain a "disciplined" strategy of dumping wholesale anything that is undergoing earnings reductions. These are big kahunas like PBHG Growth, American Century Ultra. If they hold, they hold a lot of shares relative to float. And if they dump, there won't be enough buyers out there.

Scary drop, and not much upside right now I think for at least a Q or two. Everybody is revising 1998 earnings downward. These are the same analysts who have been revising upward in a big way over the last year.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext