Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Edwin S. Fujinaka who wrote (2451)	4/26/1999 5:14:00 PM
From: WTSherman	Respond to of 4400

<Today's tiny up move may be just wishful thinking, but hope springs eternal... < The volume was much higher today, but, it didn't seem to make much difference in the prices. Not sure what to make of that...

To: Edwin S. Fujinaka who wrote (2451)	4/26/1999 5:40:00 PM
From: Danny Hayden	Read Replies (1) \| Respond to of 4400

"Spectrum has been working with TI for quite a while and TI is clearly seen as a successful dominant factor. So why has Spectrum been left out? Is working with potential competitors to TI going to improve the situation for Spectrum." I'm with you Edwin. It all seems too secretive to me, you would hope TI would be interested in teaming up with sspi if they are a threat in enabling other dsp makers to increase there market share. You hear rumors on yahoo that sspi is applying for a 10 mil. canadian grant and until then there won't be any talks with TI. So I would hope Spectrum is out talking with lu and mot for other business arrangements and not concerned with only ti and adi business. I'm not an expert at all but i sure hope spectrum is out knocking on some doors. danny

To: Edwin S. Fujinaka who wrote (2451)	4/26/1999 11:54:00 PM
From: Danny Hayden	Read Replies (1) \| Respond to of 4400

Look at the steps adi has taken to ensure a place, does spectrum have more competition than I realize and maybe not a significant a player to warrant an acquisition or partnering? Or maybe they have something up their sleeve to boost shareholder value, lets hope so. Maybe even let us in on a contract or two. ADI to buy DSP-tool companies By Darrell Dunn Electronic Buyers' News (02/19/99, 04:45:36 PM EDT) Analog Devices Inc. last week bolstered its position in the increasingly competitive DSP market by agreeing to acquire two DSP-tool-development companies for $20 million in cash and stock. The investments were seen as possible pre-emptive strikes against DSP market leader Texas Instruments Inc., which made several similar acquisitions in the past two years. "Tools are becoming increasingly important, perhaps even more important than processor architectures themselves," said Jeff Bier, general manager of Berkeley Design Technology Inc., based in Berkeley, Calif. ADI intends to acquire White Mountain DSP Inc., Nashua, N.H., a provider of DSP-emulator and board-level products; and Edinburgh Portable Compilers, Edinburgh, Scotland, a specialist in compiler technology. Each company has about 50 employees, who are expected to remain with ADI. The two companies' headquarters will be made part of ADI's DSP Tools Organization under Peter Siy, former president of White Mountain. White Mountain has been a leading producer of emulation sockets and board-level products for TI's DSP product line. ADI plans to phase out support for the TI products over a one- to two-year period, said Bob Conrad, ADI's DSP product-line director. "Having a strong tool-development program is an opportunity for differentiation," Conrad said, "and a barrier for entry to others who want to get into the DSP industry." ADI has made few acquisitions in the past. Analysts believe that-taken in conjunction with the company's agreement a week earlier to co-develop a new DSP core with Intel Corp.-the company has moved decisively to possibly avert being left behind as the market quickly matures. "They needed to take these kinds of steps just to ensure that they are positioned to have the capabilities to compete with TI and the Lucent-Motorola camp," said Brian Matas, an analyst with IC Insights Inc., Scottsdale Ariz. ADI said it will incur a charge of up to $5 million in its second fiscal quarter, ending April 30, for its latest acquisitions. In its first fiscal-1999 quarter, ended Jan 30, ADI reported net income of $29.9 million, or earnings of 18 cents per diluted share, vs. $3.2 million, or 24 cents a share, in the year-ago period and $26.3 million, or 16 cents, in the prior quarter. Sequentially, revenue climbed 1%, to $300.5 million, but fell 5.8% compared with $317.8 million a year ago. "We took several significant steps during the first quarter to enhance our competitive position in DSP," said Jerald G. Fishman, president and chief executive of ADI, Norwood, Mass. Fishman believes the company will continue to earn sequential gains in revenue. "Since lead times are still short, it is difficult to be precise, but revenue growth of 6% to 8% appears realistic," he said in a statement. If the company does achieve revenue growth in the higher portion of that range, the company projects that EPS could climb 20% sequentially.