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Technology Stocks : Spectrum Signal Processing (SSPI)
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To: Edwin S. Fujinaka who wrote (2380)3/31/1999 2:55:00 PM
From: Czechsinthemail  Read Replies (1) of 4400
 
Nord,...I appreciate your thoughtful comments, but the bottom line is the bottom line and I think we will have to see an upward trend in earnings before we can expect to see any improvement in the stock price performance.

Not necessarily. Witness the hoards of Internet stocks that have soared on much less substance even to their rumors than Spectrum has in its working operations. IMHO, the stock is so heavily oversold that even whispers of good news could produce major stock price appreciation, particularly given the light trading volume. What Nord and others have tried to remind people of is that the large number of design-ins eventually work their way to design-wins, which in turn become the orders that feed top and bottom line growth.

Eventually, the stock will take off. Meanwhile, the low price both diminishes the risk and increases the return for those willing to buy and patient enough to wait.

Baird
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