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Technology Stocks : Spectrian Co. (SPCT)

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To: Leo Francis who wrote (631)1/25/1998 2:10:00 PM
From: Cary Salsberg  Read Replies (1) of 738
 
Leo,

RE: "I don't like technology companies boasting about balance sheets..." and "I may be a nibbler on dips to the mid or low teens."

With book value in excess of $13 and Cash at $9/share, your "low teens" means $4-5/share for SPCT's business. Doesn't that seem pretty cheap when you are waiting for an EPS of $3?

Cary
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