Spectrum Signal Processing (SSPI) Message Board

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Technology Stocks : Spectrum Signal Processing (SSPI)

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To: Ann May who wrote (62)	4/30/1997 1:29:00 PM
From: Joseph T. Worley	of 4400

Ann, I don't think the ship is sinking, but it certainly is discouraging to see the selling at these levels. I wish I had a clue as to why the stock keeps drifting lower. Your explanation about the lack of progress in CTI technology make as much sense as any others. There is one explanation we can definitely rule out; the problem with this stock has nothing to do with the general market. The general market has performed well the past couple of days and this one is looking very weak. It will be interesting to see where the strong support is. If all of the revenues and earnings for 1997 are back-end loaded (will occur in the last 2 quarters) we may see this stock unbelievably cheap before it bottoms because we may not have any news to support it for a while. Well, I suppose I better run out to the mailbox and check for another margin call. <GGG> JW

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