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Technology Stocks : Spectrum Signal Processing (SSPI)

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To: Findit who wrote (3803)1/10/2004 3:56:23 PM
From: Fiscally Conservative  Read Replies (1) of 4400
 
Jim

Either way,having your PC down on Thursday,would have made no difference. The trend was down all down on Thursday based on the news the previous night. The CC went,IMO,very well. I believe the stock would have sold off much more had not the CC generated buyers. There are those who believe in the direction SSPI is headed now. Those who did not are gone.
I do not trade often with a short term horizon. I am not good enough. Wish I was. I am a (bag)holder here with a large position. Large based on what others have said they hold. I too will add if the prices avail themselves to me. Longer term this should be a huge winner. Cash flow alone with their cuts in expenditures and increasing revenues make it a value play moving forward. That is not to say we may see lower prices. We could. With their technology in this environment I only see more upside. This one I am tucking away and will add given the opportunity. Could this one be a ten bag-ger down the road? Why bet against it.
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