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Technology Stocks : Spectrian Co. (SPCT)
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To: kahunabear who wrote (650)2/24/1998 1:54:00 AM
From: SteveC  Read Replies (1) of 738
 
Some suits are a joke, but what is definitely not a joke is for a company insiders to hype a stock, especially when an offering it about to be sold, to drive up a share price while they are dumping shares at the inflated prices. That is not a joke, that is fraud -- so many investors in SPCT saw the value of their investment drop by more than 50% in days -- all of which would never have occurred if management wasn't deceitful.
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