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Technology Stocks : Spectrian Co. (SPCT)

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To: Area51 who wrote (716)4/30/1999 12:33:00 PM
From: Area51  Read Replies (1) of 738
 
Spectrian Announces Fiscal 1999 Fourth Quarter and Year End Results

Looks like the market is just relieved to close the books on FY 1999. Should make for easy comparisons looking forward. Or maybe the market is just focusing on:
Looking forward, Garrettson noted, "We have restructured the company for low cost manufacturing and are redesigning all high volume product lines to achieve cost leadership. In addition we have introduced three completely new product lines that will allow us to diversify both
our market and customer base. The new MCPS-2000 Powerstack(TM) and SMC-3000 multicarrier amplifier families are being received enthusiastically in the marketplace by both service providers and OEMs. We enter the new fiscal year with a strong balance sheet and a competitive product portfolio."


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