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Technology Stocks : Specialty Teleconstructors, Inc. (XMIT) -- EXCITING!

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To: 18acastra who wrote (404)9/28/1998 9:25:00 PM
From: Thean   of 418
 
Castro, Valfind, whoever,
I'm also as lost trying to do the math as there are so many missing, unpublished numbers that we can't obtain easily. I think your math about this quarter is credible and it is bad. We shall find out how investors react to this no-nonsense bad news tomorrow. I'm inclined towards a slow decline to the teens after open as it can't find stepped-up buying when the long term buy and holders finally fold their cards after seeing their profits all evaporated and realizing that their capitals may be in jeapody. $15 is the first support but $12 should be an easy target if this scenario materializes. However, if it goes the opposite direction, something fishing is going on and I would not want to wait to find out.
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