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Technology Stocks : Spectrum Signal Processing (SSPI)

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To: Dick Martin who wrote (4367)6/15/2006 6:35:43 PM
From: jim heger   of 4400
 
Dick, we're still seeing fallout from the lousy
results of the last quarter, imo. Pascal had signaled an improvement from '05 with a steadily building revenue
stream leading to production contracts in 07. When the qtr. came in so far below expectations, the entire promised scenario
is called into question. A good 2nd qtr. can restore
lost confidence, perhaps, but another big loss will send us longs into serious doubt about Pascal's predictive powers.
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