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Non-Tech : SPIN-OFFS "secret hiding places of stock market profits" -- Ignore unavailable to you. Want to Upgrade?


To: Terry Maynard who wrote (225)5/27/1998 8:26:00 AM
From: Frank Perlmutter  Read Replies (1) | Respond to of 1185
 
Greenblatt just took a stake in Spectrian (SPCT). Just got through reading the SPCT thread and doing some research. Company was trading as high as 60 and now down at 16. Back in October earnings tanked the stock and from what I've seen on the thread, the sentiment hints of dead money for the next several quarters. After some more research, I might follow the big money and take a small position-- I've looked at the charts after some of Greenblatt's picks and they're quite impressive. He must know something-- from just a quick scan of their proxy (also filed yesterday) it seems that he is the 2nd largest shareholder in the company. Here's the link to the 13G...
freeedgar.com

Frank