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


To: WTSherman who wrote (2218)2/12/1999 6:19:00 AM
From: nord  Read Replies (2) | Respond to of 4400
 
Thanks for the note. I understand that the quarter was back end loaded. The company because of paper work from customer didn't get the order til late but had everything ready to go it just didn't happen. To me the encouraging news is that even without this 800+ k they broke even and will have an extra 800k next q. This may be the first q1 where rev. and earnings are better than the traditionallyy strongest q4 nice way to start the count down to the millenium.

However, your remark quoted above leaves me wondering what you are
thinking... What is it you think I believe that's incorrect? That they
tried to deliver product on the last day of the month and didn't get it picked up? OBVIOUSLY, that is what happened! What's there to believe or not believe?
The truth..I guess it is a question of credability. Karen was in shock when she got the news from the accountants. I truly believe that the companies explanation was truthful and accurate. As I said to me its a non event because the revenue is there just shifted from q4 to q1. this was not just a pr effort something sspif has never done before but the truth. If I believed that they were intentionally misleading ie had lost credability I would not invest in the company. Management is key here and BJs and the companies credability are one of the things that has kept me enthusiastic about the company.
Regards
Norden