SCHEDULE 14A
                                 (RULE 14A-101)
                     INFORMATION REQUIRED IN PROXY STATEMENT


                            SCHEDULE 14A INFORMATION


Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

Filed by the Registrant [ ]

Filed by a Party other than the Registrant [X]

Check the appropriate box:

[ ]  Preliminary Proxy Statement
[ ]  Confidential, for Use of Commission Only (as permitted by Rule 14a-6(e)(2))
[ ]  Definitive Proxy Statement
[ ]  Definitive Additional Materials
[X]  Soliciting Material Pursuant toss. 240.14a-11(c) orss. 240.14a-12

                          THE SPECTRANETICS CORPORATION
                 ----------------------------------------------
                (Name of Registrant as Specified in Its Charter)

                                 STEVEN W. SWEET
       ------------------------------------------------------------------
      (Name of Person(s) Filing Proxy Statement if other than Registrant)

Payment of Filing Fee (Check the appropriate box):

[X]  No fee required.
[ ]  Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11,

     1)   Title of each class of securities to which transaction applies:
     2)   Aggregate number of securities to which transaction applies:
     3)   Per unit price or other underlying value of transaction computed
          pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
          filing fee is calculated and state how it was determined):
     4)   Proposed maximum aggregate value of transaction:
     5)   Total fee paid:

[ ]  Fee paid previously with preliminary materials

[ ]  Check box if any part of the fee is offset as provided by Exchange act Rule
     0-11(a)(2) and identify the filing for which the offsetting fee was paid
     previously. Identify the previous filing by registration statement number,
     or the Form or Schedule and the date of its filing.
     1)   Amount Previously Paid:
     2)   Form, Schedule or Registration Statement No.:
     3)   Filing Party:
     4)   Date Filed:


                                Explanatory Note
                                ----------------

Steven W. Sweet has established a web site in order to permit stockholders of
The Spectranetics Corporation and other interested parties to obtain access to
materials filed by Mr. Sweet with the Securities and Exchange Commission, as
well as other relevant material, and to facilitate communication with
Spectranetics stockholders. The web site can be accessed at www.sweetproxy.com.

The contents of the web site have been previously filed with the SEC, except for
the material set forth below. Any additional content on the web site will be
filed with the SEC no later than the date the content is added to the web site.

The current content of the web site is as follows:

                   INITIATIVE OF STEVEN W. SWEET TO NOMINATE
                  JOHN W. (JACK) ALLGOOD & JACK A. NEWMAN, JR.
                          TO THE BOARD OF DIRECTORS OF
                                 SPECTRANETICS

- --------------------------------------------------------------------------------
An Effort to Align the Interests of the Board of Directors with Those of the
Shareholders

E-mail Steve Sweet With Your Questions or Comments

Background of Steve Sweet

Qualifications of Nominee : Jack Allgood

Qualifications of Nominee : Jack Newman, Jr.

SEC Filings ( Last Updated : April 26, 2002 ):
        Introductory Letter to Joseph Largey dated April 25, 2002
        Preliminary Proxy filed April 26, 2002

        --------------------------------------

        --------------------------------------

My Observations (Last Updated_________):

        --------------------------------------

        --------------------------------------

        --------------------------------------

Comments of Other Shareholders (Last Updated_________):

        --------------------------------------

        --------------------------------------

        --------------------------------------
- --------------------------------------------------------------------------------


- --------------------------------------------------------------------------------
                               "JACKS 'R BETTER"
                                      VOTE
                                      YOUR
                                     GREEN
                                     PROXY

The participants in this solicitation are Steven W. Sweet and his nominees, Jack
Allgood and Jack Newman. Mr. Sweet will file a preliminary proxy statement with
the U.S. Securities and Exchance Commission that will contain information about
this solicitation and the participants. You should read the proxy statement,
which when filed will be available for free on the SEC's web site at
www.sec.gov, because the information in it will be important to your voting
decision. Other relevent documents, including the contents of this web site,
will be on file with the SEC as well. All documents relating to Mr. Sweet's
solicitation of proxies are available for free on this site, or by emailing Mr.
Sweet at ssweet@sweetproxy.com.
- --------------------------------------------------------------------------------


                                Steven W. Sweet

Steven W. Sweet initiates this proxy battle as the direct owner of 176,000
shares of Spectranetics stock, and the beneficial owner of an additional 10,000
shares of stock held in his mother's revocable trust, the Helen D. Sweet 1993
Living Trust, of which he is co-trustee. Mr. Sweet is a resident of Leawood,
Kansas, and since 1979 has been the majority owner and principal operator of
Fireplace & Bar-B-Q Center, a family-owned retail business. While operating that
business, he was also a minority shareholder and executive officer of J.D. Reece
Realtors, which grew to be the largest residential realty company in the greater
Kansas City area. He terminated his relationship with J.D. Reece Realtors in
2001 when the business was sold to HomeServices of America, Inc., an affiliate
of Berkshire Hathaway.

He graduated with high honors with a BBA degree from the University of Michigan
(in three years) in 1970. From that time until 1979, Mr. Sweet was a tax
accountant with Peat, Marwick, Mitchell & Co., being promoted to partner at the
age of 28. He spent one year with Peat, Marwick's national tax practice in
Washington, D.C., and the remainder of his service was in the Kansas City
office. He specialized in mergers, acquisitions, incorporations, etc. and taught
these subjects at the national level in Peat Marwick's internal training
programs. He co-authored a treatise on the changing role of "continuity of
interest" in reorganizations, which was published in the Journal of Taxation in
1976.

Mr. Sweet served on the Board of Directors of Menorah Medical Center for
fourteen years and served on the Finance Committee, the Executive Committee, the
Financial Planning Subcommittee, and chaired the Risk Management Committee and
Audit Committee of that institution. He was also on the founding Board of
Directors of the Jewish Heritage Foundation and served on its Investment
Committee and chaired its Audit Committee.


          JOHN W. (JACK) ALLGOOD, CPA [PHOTO OF JOHN W. (JACK) ALLGOOD]

John W. ("Jack") Allgood, 52, is a resident of Englewood, Colorado and has been
employed for the past 28 years as a Certified Public Accountant. He is currently
the Chief Financial Officer of Stonegate Capital Corporation, a real estate
investment and residential real estate construction and management company, and
from May 2001 to December 2001, he was the Chief Financial Officer of Integrated
Asset Services, Inc., an asset management and real estate valuation services
company. Prior to that, Mr. Allgood was an officer and director at the Colorado
accounting firm Levine, Hughes and Mithuen, Inc. (LH&M). In addition to leading
the tax services group at LH&M, Mr. Allgood worked in the areas of mergers and
acquisitions, business valuations, management consulting services, financial
statement engagements, and litigation support for a diverse corporate clientele.
Mr. Allgood practiced with three accounting firms prior to LH&M, including Price
Waterhouse and his own firm of Allgood & Company, which merged with LH&M in
1988. Mr. Allgood is currently a member of the Advisory Board of Accounting,
University of Northern Colorado. He is a former Chairman of the Tax Management
Committee, North American Region, of Summit International Associates, Inc. (now
Baker Tilly International), which provides worldwide expertise in management
consulting, accounting, taxation, business valuation, and other related
professional services. As a past board member with the Colorado Society of
Certified Public Accounts (CSCPA), Mr. Allgood has served as the chairman of the
Continuing Professional Education Board and chairman of the Continuing
Professional Education Curriculum Committee. A frequent speaker on income tax
and public accounting subjects, he has also served as an instructor for the MBA
program at Regis Community College.


               JACK A. NEWMAN, JR. [PHOTO OF JACK A. NEWMAN, JR.]

Jack A. Newman, Jr., 54, of Leawood, Kansas, has been an executive with Cerner
Corporation since 1996. Cerner is a publicly held company that supplies clinical
and management information and knowledge systems to healthcare organizations
worldwide. In his current role as Executive Vice President, Mr. Newman
establishes innovative arrangements between Cerner and large, progressive,
integrated healthcare organizations in the United States and Canada. Prior to
joining Cerner, Mr. Newman served as Partner-in-Charge of the National Health
Care Strategy Practice for KPMG Peat Marwick LLP. He provided consulting
services to hundreds of healthcare clients in his 22-year tenure at Peat,
Marwick. He holds a master's degree in public administration with a
concentration in health care administration, and is a Certified Public
Accountant. Mr. Newman also serves as a faculty member for the American College
of Healthcare Executives, the American Hospital Association, the Health
Information Management Systems Society and the Medical Group Management
Association. Mr. Newman is a national speaker on the role information and
knowledge systems are playing, and will increasingly play, in transforming
health care.