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Technology Stocks : Spectrum Signal Processing (SSPI) -- Ignore unavailable to you. Want to Upgrade?


To: KM who wrote (3515)9/5/2003 9:02:15 PM
From: dvdw©  Read Replies (1) | Respond to of 4400
 
Agree I see it throughout all the SIP stocks, but more so here right now. Next monday I'll be reporting our share count % to SSPI and hopefully to the investment banker.

We have far more shares than I guessed wed have for being such a small group.

There are some big numbers coming in and if there is a bidding war, our shares could well make a difference. We all know that the Specialists trade for their own accounts, we all know that there are ARBS in the game. Fortunately this group has ample sophistication. As I said previously, there are no guarantees, but I am encouraged. SSPI has only traded a bit more than 6.5 million shares all year.

Me thinks the holders understand the base line technology, and its more than likely some have been accumulating for a long time.

The free float here is more than prescious, that means there are likely to be Naked shorts in the game, and the delivery option is very viable if it comes down to it.

Any thoughts welcome by PM or right here.

Anyone could please copy this link to the Yahoo and Raging Bull thread so some of the serious can keep up.

Thanks