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[sharechat] SPE, why so quiet?


From: Derek <dkw@paradise.net.nz>
Date: Mon, 21 Aug 2000 21:22:13 +1200


Difficult to follow a posts like Bobs but anyway...

It has been curious that no-ones mentioned SPE, with Lucent taking a 20%
stake in WEL technology I'd have thought there would have been more
reaction from the market & on Sharechat (I wander what the reaction would
have been if it had of been Microsoft instead of Lucent). If you're
interested in what WEL is all about then check out
http://www.pv2.com/about.html. Its interesting also than Contact Energy
also uses WEL's software. 

The downside I guess is that this seems to be all fairly small in terms of
dollars with WEL being sold to SPE for $2m. Since SPE has a market cap of
about $15 m, it's not hard to see why the market has decided not to inflate
SPE's price more (at least until there are more results). 

Derek








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