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Technology Stocks : Spectrum Signal Processing (SSPI)
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To: joseph T. Drago who wrote (403)12/19/1997 9:40:00 AM
From: lazar921   of 4400
 
Joseph>>>In a Dow Jones article dated September 17, 1997, Barry Jinks stated that he expected as much as 40% of revenues in 1999 to come from C6x products. While 40% is an impressive figure, it by no means represents a majority of their revenues, and this comment is looking forward 2 years.

These comments only serves to prove that Spectrum has a core line of DSP products and revenue stream right now, and is not dependent on C6x for revenue.
Not expecting favorable comparisons in Q1 98? Even if previously announced C6x orders are pushed to Q2 as a result of TI delays this should not cause the quarter to compare negatively. It is unreasonable to expect that the company would announce every order they receive as many are smaller, turn business orders. Additionally, many of Spectrum's customers are in highly competitive businesses, and I believe there have been times due to competitive reasons that the company is not permitted to announced orders or projects as they are prohibitted by their customers from doing so.

If one takes the time to re-read press releases from 1996, you will find that several development deals where announced that year. As development deal take time to realize a full product revenue stream, ask yourself if any of these announcements are applicable to revenues being realized today.
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