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Technology Stocks : Spectran (SPTR)...Speaking of White Hot Lately -- Ignore unavailable to you. Want to Upgrade?

To: Grainne who wrote (1118)	7/20/1998 1:39:00 AM
From: Uncle Frank	Read Replies (2) \| Respond to of 1147

Christine, I bought sptr in February 1997 at 19 1/2, and had great hopes based on the the way the company was managed, the good contracts with Corning and Lucent, and the nature of their industry. It has been a painful lesson, but sometimes being a long term investor doesn't make sense, particularly when the fundamentals change. I will sell my Spectan stock tomorrow, and put the remnants into something that has better prospects. Good luck to you and the other members of this thread. Frank

To: Grainne who wrote (1118)	7/21/1998 7:20:00 PM
From: Rowan da Silva	Read Replies (1) \| Respond to of 1147

Christine: >>I really needed SpecTran to be strong to help me get >>out of this mess, so it is really very disappointing. ... >>I finally decided NEVER to recommend stocks to anyone >>because of sad stories like that. Do not let greed or fear take control of your investment process. In this case fear or negative emotions like that. I realize that this is easier said than done. I been in this situation before. Regroup and learn from this experience, and and most of all take a hard look and examine if you need to change your investment strategy and move forward, and you will do well going forward. In my experience with small-cap tech stocks, I have come out ahead more times than not, by cutting my losses and moving forward and not losing out on the opportunity cost of my capital. Also, what works with large-cap tech stocks does not work with small-cap tech stocks that are followed by 1-3 analysts, such as SPTR. SPTR is now in the "show-me" state that could last quite a few quarters, or even years.