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Technology Stocks : Spectrian Co. (SPCT)

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To: Jim Goodman who wrote (664)3/8/1998 9:10:00 PM
From: sam  Read Replies (2) of 738
 
Jim-
do you make anything on the volume? I noticed that it picked up a little on Friday, with an accumulated buyer on Instinet of approx. 50,000 shares. At what point do the MM stop holding down the price below 17.5 and let it rise again. At this point, I find it hard to believe that it is anything other than MM that keep the price down. Nice channel play between 17 and 20.5, if it ever breaks above that...

Additionally, since you are a proponent of the depressed cycle, what do you think of TSEMF. It come out about the same time as SPCT with earnings above expected and growth warnings,too. Stock was hammered and never recovered, still beating estimates.

Sam
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