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


To: MangoBoy who wrote (2347)3/19/1999 12:02:00 AM
From: EdR  Read Replies (1) | Respond to of 4400
 
Mark-

I believe that this company has the potential to earn $5m/ $0.50eps and sell at the old fashioned p/e of 20x. That computes to a 5 bagger from $2 per share. Equal to eBay going from 160 to 800 in that time frame. Do I wish I first heard of SSPI today as opposed to when I did ? You bettcha ! ! One of the yardsticks I try to use in my investing decisions is whether or not I would buy more at current prices and if not, then it might be time to sell. I buy more whenever I can on this one. I am prepared to wait till Q4 results, sometime in 5/00 when I would have hoped I have seen two Q's in a row of growing sales and eps with healthy margins. At this point in time, if I haven't seen those results then I think that is when I would raise the white flag and say, I had enough....