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Technology Stocks : Spectrum Signal Processing (SSPI)

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To: pat mudge who wrote (2130)1/6/1999 4:39:00 PM
From: Czechsinthemail  Read Replies (1) of 4400
 
Given the enormously positive climate for chip-related stocks right now, I think the chances for Spectrum to continue its climb look good. The stock finished with its bid/ask at the high for the day, volume was well above average (though not enormous), and with the tax-loss selling out of the way, the line of least resistance seems up. There is still a lot of headroom due to the discount from previous highs, and Spectrum's stock action doesn't yet have the manic look of many other tech companies. But as the company becomes more visible and more buying volume appears it may. Given the enormous potential, strong financials and the likelihood of visible earnings growth going forward, there is a lot of good news to support it.

Congratulations to all who have had the patience to hold and the vision to buy during the stock's year end weakness. And special thanks to nord and others who have continued to provide an abundance of valuable information to this thread. It is really what has most supported the patience and vision.

Baird
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