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


To: Jay Malde who wrote (549)10/24/1997 3:12:00 PM
From: Ian Achterkirch  Read Replies (1) | Respond to of 738
 
Jay,

I read the same info on the margin issue. I do not understand the way it was explained. Something like "200 basis points due to a $1 M warrenty reserve." Could you or anyone else help out?

Losing My Shirt!

Ian



To: Jay Malde who wrote (549)10/24/1997 6:11:00 PM
From: P.T.Burnem  Respond to of 738
 
Jay,

SPCT's projected revenue growth has been cut to 10%.

I sold some Nov 25 puts today. IMO, Lehman's suggestion that the wireless growth may have peaked out is sheer lunacy.

The currency crisis may have a profound impact on sales of capital equipment and luxury items, but not such basic necessities as the phone service.

PTB



To: Jay Malde who wrote (549)10/24/1997 7:30:00 PM
From: JOHN CHEN  Read Replies (1) | Respond to of 738
 
To Jay and ALL- I don't know if you guys are familiar with TC2000 by Worden Brothers, but this is the technical software I use.

Today TC2000 issued a strong warning not to bottom fish in the stock market.

The look of SPCT chart is terrible. Not only selling pressure is 100% negative for the past weeks, its money stream nose dived.

And the bad thing is long term the stock's RSi and MACD lines have yet to reach the bottom, meaning more downside to come.

Please be careful as I see this is not the time to bottom fish.