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Technology Stocks : DSP Group: an incredible bargain?

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To: Kevin Hay who wrote (941)10/19/1998 7:15:00 PM
From: Kevin Hay  Read Replies (1) of 1055
 
we hit the number, excerpt:
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DSP Group, Inc. Reports Financial Results for Third Quarter 1998

SANTA CLARA, Calif., Oct. 19 /PRNewswire/ -- DSP Group, Inc. (Nasdaq: DSPG - news) announced higher revenues and earnings per share for the third quarter ending September 30, 1998. Revenues were $17,308,000 compared to $16,558,000 in the same period of 1997, which represents an increase of 5%. Revenues for the first three quarters of 1999 were $49,733,000, an increase of 10% compared to $45,378,000 in the same period in 1997.

Net income for the third quarter of 1998 was $3,475,000 compared to $3,348,000 for the third quarter of 1997, an increase of 4%. The earnings per share increased by 8% to $0.35 in Q3/98 compared to $0.32 in Q3/97. Net income for the first three quarters of 1998 reached a record level of $10,133,000 (excluding a one time gain in the second quarter of 1998 of $814,000), an increase of 34% over the net income of $7,589,000 in the first three quarters of 1997.
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hope the 'wisper number' isn't higher...., I noticed that R&D is up --
probably related to Palm.

still haven't been able to get thru on conf call...,
-Kevin
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