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To: Peter V who wrote (2098)8/25/1998 1:02:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
Pete, nothing has really changed at SCTR. There is really no buyer or seller here as everyone is waiting for their quarterly report. I doubt the stock will move north of $31 or south of $28 until then after the report is out. Therefore, the spread is sky big.

I scanned through the filing and it pertains to their merger with OmniAmerica. I did not read the detail but I don't think it is anything earth scattering.

S&P tried to break above the 1110 resistence today but failed. If it breaks this resistence, we can have further, renewed strength in the overall market. So bears beware.