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

To: WTSherman who wrote (2025)	12/10/1998 2:57:00 PM
From: Czechsinthemail	Read Replies (1) \| Respond to of 4400

But, the performance of the stock is not consistent with the kind of story we have all been hearing and telling each other. The positive FACTS that you cited should be enough to keep the price from constantly shrinking, even without analyst coverage or whatever other excuse we make up to account for this fact. Even if only from word of mouth, employee to friend to acquaintance, a solid story gets told and starts to reflect in the price of a small co like this one. Welcome to another instance of the inefficient market hypothesis. The differences in the perception of what should be and what is makes a market. And more specifically, it is what makes bargains. Eventually, when everyone's attention is drawn to the story, there is a significant earnings history and a climbing stock price, everybody looks back and wishes they had seen it earlier or wonders why they didn't buy more when it was such an obvious opportunity. Some people like to buy flowers, others like to buy seedlings or seeds and are willing to wait for them to grow. Now, when you get a chance to buy seedlings for the price of seeds. . . . Baird

To: WTSherman who wrote (2025)	12/10/1998 8:50:00 PM
From: Biotech Jim	Read Replies (2) \| Respond to of 4400

I raised this series of questions listed below to Nord some time ago in a private message, as I was trying to figure out whether the company was snowballing us regarding the conference calls. "I have been primarily a lurker on the SSPIF thread as I own a substantial number of shares and have followed the company since 1996 when I foresaw the future of dsp solutions for many diverse applications. I originally saw the potential in DSP as a consequence of filtering radio signals. I greatly appreciate your insights into the company as your understanding of the technology is different from that of mine. The major thing that concerns me about SSPIF is the management, particularly as they communicate to investors. After listening to the past 5 or so conference calls, I feel that the story always changes as to the near term (3 to 6 months) prospects of the company. Particularly of concern is that during the next to last conference call Barry said that they were "a hot company in a hot market". If this is so, and I believe that to be the case based on the ins and wins, then why could they not see a shortcoming on their older generation dsp cores, which fell to the floor? Blaming this on the Asian crisis, as Barry alluded to in his CC statements, does not make sense. You commented on your last note that "I know there are people disappointed by the lack of price appreciation in Spectrum's stock, myself included. Last quarter to me was meaningless." Last quarter was meaningless to me in terms of older dsp core sales, but not in how management manages expectations of the company. This has been the way of the company for the last couple of years. Is there any reason for things to change in the future? Have you visited the company yet? Have you visited Alex? Do you think management is more straightforward if you deal with them in person? I would appreciate any comments you have, and thank you again for your comments on the SSPIF board. Best regards." I received a brief comment from Nord (of course satisfactory to me as I was a complete stranger) and I respond here since I am still a bit confused by the company. I have done some more searching in the company, and I will continue to do so. I have placed calls to the company a few times, and since Karen at IR could not answer them, I asked to have Marty M. call me back with an answer. That never happened. That bothered me, and it still does. I know that I am a small shareholder (less than 75,000 shares), so why should they deal with me? Something maybe fishy here, and I hope that i will not find that out when I visit Ithaca and Burnaby, hopefully in January or February. Another BJ