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Technology Stocks : Spectrum Signal Processing (SSPI)

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To: nord who wrote (2389)4/1/1999 11:02:00 AM
From: Edwin S. Fujinaka  Read Replies (1) of 4400
 
Nord,...I'm glad that you are posting any information that you see on the Company. The problem is that the PR announcement that the Company plans to develop something that is going to be pretty great is not the same as having something to sell that customers think is great. They shouldn't release predevelopment PR information since it will only encourage other competitors to develop a similar product if the idea is any good. Companies go to great lengths to keep their development plans secret for that very reason. When the product is ready for sale is the time to make such announcements and do such promotion. I hope their is some other reason that I don't understand for the Company to make such a predevelopment announcement. I'd like to hear opinions on why the Company even made the announcement so far in advance of having a product to sell. I know that software companies have preannounced products so that customers might delay buying a lower performance existing product. Wasn't that practice called delivering "vaporware"?
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