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

To: EdR who wrote (2318)	3/11/1999 12:33:00 AM
From: ECAC Hockey	Respond to of 4400

SSPIF's customer Applied Signal(APSG) announced some DOD contracts today. Similar to SSPIF, they too apparently had numerous DOD contract slips in 98, contracts which are only now starting to receive expected funding. Increased defense bookings and accelerated ramp of c6x should bode well for SSPIF throughout 99. << Regarding these contract awards, Gary Yancey, President and Chief Executive Officer, commented, ''These are four of the larger line item bookings that I referred to in the Company's last earnings announcement, most of which were delayed from fiscal 1998. ... Further, we are observing momentum in the marketplace as a result of the fiscal 1999 defense budget supplement and this momentum could precipitate other bookings.'' biz.yahoo.com >>