Spring Group's share price reached a 52-week high last week, ahead of a company EGM at which shareholders approved its acquisition of IT/Telco recruiter Glotel. The price has risen steeply from 72p in early July to the dizzy heights of 85.75p. However, there are fears that the price has now gone too high, and that the Glotel acquisition is already factored into the current share price. Some analysts are concerned that Peter Searle's new strategy has yet to deliver the goods. And though in the short term Spring may benefit from SThree's results, which are widely expected to be good, simply because both operate in the IT sector, one analyst believes that post the SThree numbers, "it's probably not a share to be long on".