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Technology Stocks : Spectrian Co. (SPCT) -- Ignore unavailable to you. Want to Upgrade?

To: Jason Dekker who wrote (524)	10/24/1997 10:18:00 AM
From: tcd	Respond to of 738

a little more than 2 million shares have traded and the stock has plunged 15 3/8. Big team players have dropped it. quote.yahoo.com tcd

To: Jason Dekker who wrote (524)	10/24/1997 10:21:00 AM
From: Richard Tuck	Read Replies (1) \| Respond to of 738

All, I was afraid that Nortel was going to be a problem someday. Live by Nortel, die by Nortel. Can't believe that the stock is back where I bought in (26.625). Since I bought more at 47, guess I'm going to ride this seesaw back to 7. A 10% reduction in Nortel business equates to about $3-4 million which considering gross margins of about 30%, is about $1 million in profits or $0.10 per share. This in itself is not a good reason to dump the stock down to 26, however. I wonder if this lost business is due to market conditions or power amp competition. Richard