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


To: pat mudge who wrote (478)1/11/1998 3:47:00 AM
From: Schmedley  Read Replies (1) | Respond to of 4400
 
[off topic chat re: Winstar]

Hi guys

While I wait for the world to discover Spectrum (and they will)
I decided to get into this one on the close Friday. It was one of the few stocks to buck the trend (up 2 3/8 on high volume) They've haven't any asian exposure and with Thursdays acquisition of Teleport by ATT, they now have a relative model for valuation (Smith Barney intiated coverage Friday with a 12-18 month target of $71 per share) They've spent the last few years buying out companies that posess 38 gighertz wireless bandwidth licenses in the top 50 US markets with the intention of selling local access to the long distance companies and ultimately blackmail (or buyout).
Check it out for yourself though and let me know what you think.
Their symbol is WCII and the thread is fairly decent.

207.183.153.88
Schmedley