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To: Iris Shih who wrote (23501)	9/7/1999 2:55:00 PM
From: Clint E.	Respond to of 68388

Speaking of the devil, right? I'll read the press release later.

To: Iris Shih who wrote (23501)	9/7/1999 3:54:00 PM
From: Clint E.	Read Replies (1) \| Respond to of 68388

just got of brcd.

To: Iris Shih who wrote (23501)	9/7/1999 8:39:00 PM
From: d. alexander	Respond to of 68388

Iris; something on SPCT from Briefing, if you didn't see it. You chose a good entry for RHAT <g> Spectrian Inc (SPCT) 20 1/8 +3: Has been a long road back for this Sunnyvale, CA-based manufacturer of linear radio frequency power amplifiers for the wireless infrastructure equipment market. Two years ago, Spectrian was one of the market's most admired mid-cap growth names. In the first 9 months of 1997, the stock soared more than 700%, as Wall Street analysts pounded-the-table on Spectrian, highlighting company's break-neck revenue and earnings growth rates. But by October of 1997, the Asian financial crisis had been diagnosed, sending investors fleeing from companies with high Pacific Rim exposure. The company and stock began to come unglued in late-October of 1997: earnings plunged from a 10/97 profit of $0.60 to a loss of $0.27 a share over the course of six months... For most recently reported qtr, SPCT posted a loss of $1.79 a share on a sharp decline in revenue... But the sun is finally beginning to rise again for SPCT. Over the past month, stock has almost doubled. Today, Spectrian shares rallied to a new 52-week high after Lehman Brothers raised its estimates for US wireless penetration by 2007 from 50% to 70%. Individually, Spectrian announced a $30 mln agreement in principle to supply cellular multicarrier amplifiers and shelves to a customer in the Asian CDMA market. Issue also receiving a shot in the arm from Needham, which is adjusting its Q3 loss estimate from $0.45 to $0.21 a share, citing improved order outlook this quarter and strong Nortel (NT) orders contributing to next quarter results. Based on First Call survey of 4 analysts, SPCT projected to reduce its red ink by almost 90% this year and return to profitability with EPS of $0.63 (P/E 32) in fiscal 2001. - DS Dorothy