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Technology Stocks : Spectrum Signal Processing (SSPI)

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To: Jane E. who wrote (2463)4/27/1999 9:32:00 AM
From: MangoBoy  Read Replies (1) of 4400
 
Am I reading this right?

- sales growth: 7%
- factoring out the $850,000 loading dock revenue, sales shrank
- (0.02) loss
- restated 1998 earnings
- may need to restate 1998 earnings some more
- no longer "the" world leader in high performance DSP systems

"Although conditions in the industrial electronics sector remain challenging, Spectrum is aggressively laying the foundations for future growth. We're confident our strategy will pay off when the market recovers."

Where have I heard this before? Conf. call should be interesting...
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