Spectrum Signal Processing (SSPI) Message Board

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Technology Stocks : Spectrum Signal Processing (SSPI)

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To: andy harrison who wrote (47)	4/23/1997 6:15:00 PM
From: Joseph T. Worley	of 4400

Andy, Thanks for the note. I've never heard of this guy named Ron Wages, but they sure hyped him up in the press release. I hope he can make a positive impact in the near future. You asked "Are you disappointed with the technology, earnings or growth rate?" The answer to those is No. I don't want you to misinterpret my remarks about SSPIF. I like the fundamentals of this company. The thing that I am disappointed with is the way they mishandled the secondary offering they attempted last year. I'm not sure how long you have been following this company, but they aborted a secondary last November that was begun in late March. It was the longest "quiet period" I've ever heard of and it slowly drained the stock of it's momentum. The stock still hasn't recovered from that fiasco. I hope your positive attitude rubs off on the share price real soon ! JW

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