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Technology Stocks : Spectrum Signal Processing (SSPI)
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To: Bob Hasek who wrote (65)5/4/1997 11:13:00 PM
From: Joseph T. Worley   of 4400
 
I've had to dig deeper to answer a couple of calls myself over the past
few months. I refuse to give shares away at these ridiculously low prices.

Glad to see management step up and support the stock with the buy back
of 460,000 shares. This is a bit curious since this is a 180 degree turn
about from the attempt to sell shares last year. This move will require a
fair amount of cash on hand which they may have had earmarked for their
acquisition strategy. But I applaud their decision to support the stock and
I'm sure they wouldn't do this without feeling pretty confident that the
shares they are buying now will be worth a lot more later this year.

Nice jump forward on Friday but we need more volume to confirm that
we are building positive momentum. Any comments ??

JW
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