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Technology Stocks : Spectrum Signal Processing (SSPI)

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To: Ann May who wrote (40)3/24/1997 8:36:00 PM
From: L. J. Rose   of 4400
 
I,ve owned SSPIF for years. I sold most of it but still have a few shares left. Right now its cheaper than its been in a long time. I think a lot of people became disillusioned with the stock when quarter after quarter it failed to live up to its promise of positive earnings
growth. The revenues kept growing but there were no profits. Consequently a lot of people gave up and bailed out. Then, just last month Spectrum reported $.13 EPS. That is precisely the kind of earnings we've been waiting for. With their new product announcements coming out I see no reason not to expect the positive earnings news to continue. IMO all of the recent downward price action makes SSPIF a great buy. Just wait until next quarter's earnings come out. If they beat $.13 EPS the stock is going to fly.

coming out
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