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

To: nord who wrote (2056)	12/16/1998 2:06:00 AM
From: Brian Cunningham	Read Replies (1) \| Respond to of 4400

"The reason for sell off IMO has nothing to do with the fundamentals of the comapany or its future prospects but to tax loss selling and or disbelief [fear]." how about the fundamentals of lack of profit and poor management guidance/credibility, whether intentional or not. As far as tax loss selling goes, the bulk of the market has recovered from a large correction and has not been subject to it, so which is first here the chicken or the egg? "Seems to me that the volume has been pretty good here lately ie for every seller there is a buyer" the technicals are text book negative, declines on large volume are bearish, particulary when the stock closes at the low of the day. That said, unless we are totally wrong about this company, I think this will come to a head fairly soon with the stock price approaching a very poor price/revenue ratio of 0.7 (@ 2). Personally, I'm looking for a possible very nasty intraday low before we reverse. Goodluck