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

To: JOHN CHEN who wrote (569)	10/24/1997 11:24:00 PM
From: Tom Latham	Read Replies (1) \| Respond to of 738

John I agree with you, -re- the BOP/Moneystream on TC2000 is at 100% "RED". But it has been this way from OCT 2. At that time TSV projected the top was in but who would have expected this. Most charts on many good stocks are showing negative trends due to general market confidence levels. I would love to had seen what this stock with this news's reaction would have been on any kind of a more positive day. This is market panic at its worst. It is not just SPCT. Look at Intel, Dell, CPQ, JBIL, ORBKF, TDW, and many many others. The "correction" will be over when the last nervous investor throws his order at market and says give me what you think its worth cause I'm outa here. Buy some of these values and hold them long enough to let them create some wealth. To the longs its been a tuff day, I feel your pain and apprehension. To the value players make up your mind on entry of this stock and some of the other bargains that have presented themselves today. I was fortunate enough to play this for a couple of 1/2 point bounces but I also got me 2 positions to hold on to until analyst do their punting work. To say the cellular infastructure is peaked is same as saying INTEL is facing less demand on them little pentium buggars. Ain't going to buy that story. This'un may not be back to 60 or even 45 soon but this IS NOT a 27 dollar stock. Holding till at the 30 - 33 area then evaluate its strength. Tom @ MOSES Trading Inc.