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Technology Stocks : Spectran (SPTR)...Speaking of White Hot Lately
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To: Uncle Frank who wrote (1113)7/20/1998 12:59:00 AM
From: Grainne  Read Replies (2) of 1147
 
Oh dear, Frank, this is quite disappointing. I looked on my local paper and discovered SpecTran in the BIGGEST LOSERS column!! I guess it sort of goes back to a question I asked awhile ago--is the kind of general use product they make going to be really in demand, or is specialty fiber the entire future?

Since you asked in a previous post, I bought this stock at the highest it ever got, whatever that was, during the small cap tech stock rally in the late spring of 1996. I was intending to make a decent profit short-term trading it, but the bottom fell out of the rally and I have been left with a portfolio of disaster stories. I also own CAI Wireless, a total loss which just declared bankruptcy, and Ancor, and Interneuron. I really needed SpecTran to be strong to help me get out of this mess, so it is really very disappointing.

I commiserate with you about your daughter's IRA. I finally decided NEVER to recommend stocks to anyone because of sad stories like that.
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