Spectrum Signal Processing (SSPI) Message Board

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Technology Stocks : Spectrum Signal Processing (SSPI)

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To: Pringles who wrote (209)	10/1/1997 4:43:00 PM
From: ECAC Hockey	of 4400

Larry, they did 10M in last years third quarter, and Barry Jinks recently stated that he expects strong second half growth. Thus 10-11M sounds very conservative to me. I am hoping for at least a few $M more. Barry Jinks, Spectrum's president and CEO, states, ``Second quarter bookings were very strong at $12.7 million, but a large percentage of this came too late to significantly influence our revenue. This large backlog leaves us in a healthy position for the second half of the year.'' Jinks also notes, ``Over the last six months, our higher margin Commercial and Aerospace division has seen a strong sales growth trend of approximately 70% over the same period in 1996. This positive trend positions the company well for strong second half growth.''

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