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Technology Stocks : Spectrian Co. (SPCT)

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To: Leo Francis who wrote (711)3/21/1999 2:52:00 PM
From: HedgeCola  Read Replies (1) of 738
 
God help this company. Cash is burning, but apparently the board is commited (read this on Yahoo Chat) to be profitable in 1st quarter. Does not look like they are beating any doors down in sales, so they are cutting costs by reducing overhead. If their new products catch fire and take some sales away from the mother ship (aka Powerwave), there is hope. I estimate that at the end of the quarter cash will be at $6.5 dollars, so you are buring a $1 sales at .33 cents. if only some other firm makes an offer @17 a share I would be happy, they just need someone to regain operational control, the designs are on par with PWAV, and somethings such as vertical stacking, better. I think the downside from here is $2.5 and the upside $10, not a bad bet, but who has the guts anymore.

hedgecola: "still licking my wounds"
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