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Technology Stocks : May and Speh (SPEH) Information Mgt Services
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To: jeff c. who wrote (6)2/14/1997 4:27:00 PM
From: Rich Benjamin   of 24
 
I haven't heard anything. But I think the recent drop is an over reaction based on one quarter coming in lower than expected. 1 or 2 better quarters could cause the price to produce nice gains from here. I would think that investment companies would be in the accumulation stage here even though SPEH was downgraded to neutral last month. The large blocks that were purchased seem to be of the size that would only come from an investment firm. Once the investment firms acquire their shares, maybe there will be an upgrade so they can make their profits.
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