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Technology Stocks : Spectrum Signal Processing (SSPI)

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To: CHRIS LINELL who wrote (12)10/8/1996 6:10:00 PM
From: Steve Mitchell   of 4400
 
Earnings should be ok the next few quarters, but the companies inability to complete the secondary or win new contracts to offset its reliance on ibm have been dragging the shares down since spring. No mention of the secondary has been made since May when spectrum announnced intentions for it. If you are right and the secondary is completed and new contracts are announced, the shares should react positively.
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