Spectrian Co. (SPCT) Message Board

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Technology Stocks : Spectrian Co. (SPCT)

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To: Thomas C. White who wrote (570)	10/24/1997 8:21:00 PM
From: Leo Francis	Read Replies (1) of 738

SPCT broke down through its 200 day MA. More selling pressure is likely, and lower prices are likely. Unless SPCT signs up an additional major customer, which seems unlikely as no "forecast" of this has come from management, SPCT is going to continue to be under pressure. The Nortel contract helpeth, the Nortel contract hurtheth. I thought I read some S8 filings recently, which indicated that stock options were issued to management with strike prices of $42.50. Maybe we'll hear some positive statements from management to "clarify" the worth and potential of the company. In any case, only long termers should nibble until the dust settles. JMO. LF

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