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Technology Stocks : Spectrian Co. (SPCT)

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To: van wang who wrote (677)3/10/1998 11:39:00 AM
From: Richard Tuck  Read Replies (1) of 738
 
All,

It looks like disaster had been nearly fully priced into the price of SPCT before yesterday's earnings warning. I'm glad I was wrong about 10-12. However, I wish I could be confident that the next couple quarters won't be even worse. SPCT likes to keep us in the dark, so we will have to watch the price action to get a clue -- the market seems to know things pretty immediately. The fact that SPCT is only down a point seems to indicate that this is a bottom.

Richard
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