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Yes, it was meant for the speakers to sit on spikes. However the latest school of thought for monitors is to use bluetac instead. You get stability and dampening. It's almost like gluing your monitors to the stands.
I used bluetac with my Spicas and I can lift the entire structure as one piece. The stands weigh about 70lbs and the speakers another 20 or so pounds. Bluetac does it's job very well when enough is used. Oh, I have 4 bar Target Stands 24" tall.