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Technology Stocks : Spectrum Signal Processing (SSPI)

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To: WTSherman who wrote (2486)4/30/1999 9:37:00 AM
From: JSwanson  Read Replies (1) of 4400
 
If you look at the charts and go back and read some of the press releases and posts on this thread you see the same story being told over and over and over again.

I couldn't agree more. I looked at posts over the past 2 or 3 years and it has been the same story - "We should really takeoff in the next 6 or 12 or 18 months." It sounds like a politician justifying some action by promising the results will be seen in "the next couple of years." This company is long "ins", promises and other such fluff and very, very short in actual execution.

I can't believe I'm still holding onto shares of this company. Currently I'm waiting for one more puff of W. Buffett's proverbial cigar butt to unload.

Again, I wonder how is this company positioned any better than any its dozens or more (both private and public) competitors to reap the benefits of the DSP revolution. I think I have finally come to the realization that they are not in any enviable position.

I can at least say this has been a learning experience-although somewhat of an expensive one.

Hoping for just one more pop in the stock price to unload.

John
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