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Technology Stocks : Spectrum Signal Processing (SSPI)
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To: Larry Brew who wrote (521)1/22/1998 12:48:00 AM
From: ECAC Hockey  Read Replies (1) of 4400
 
The SSPIF chart over the past 6-9 months looks near identical to what it looked in mid 1994 headed into 1995. The stock was depressed for a long time then, but soon began an uptrend from $3 to $15. I remember plenty of news in 1995 which warranted the rise in share price, and believe that with a bit of positive news this year we should see a similar sharp rise in SSPIF's share price. The current $50M market cap for SSPIF seems very cheap imo. The company has already predicted that this year they would be announcing a new motor control contract, Hurricane chip licensees, further acquisitions, c6x product launch, c6x V.34 modem software, and an aggressive expansion into Europe. With some luck all these ventures and more will work out for the Spectrum.
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