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


To: WTSherman who wrote (2486)4/30/1999 4:27:00 AM
From: Edwin S. Fujinaka  Read Replies (1) | Respond to of 4400
 
I was wondering if anyone else noticed a parallel between SSPI and CPQ in that both companies seem to blame their financial results on "market conditions" in the face of glowing reports on the market for their businesses. I'm not suggesting that Jinks should go the way of Pfeifer, but Pfeifer did have several years of very good performance at CPQ and, in fact, did preside over their run to Number One in the PC business. Is SSPI actually "The World Leader in DSP Solutions"? What are DSP Solutions anyway?
Jinks has already said that the ADI Contract will not be a big moneymaker. I am still wondering what the potential is for the Kodak "win". Does anyone have a clue? I had the impression that Kodak was going to create tens of thousands of digital processing stations, and I wonder if that will materially affect SSPI's bottom line.



To: WTSherman who wrote (2486)4/30/1999 9:37:00 AM
From: JSwanson  Read Replies (1) | Respond to of 4400
 
If you look at the charts and go back and read some of the press releases and posts on this thread you see the same story being told over and over and over again.

I couldn't agree more. I looked at posts over the past 2 or 3 years and it has been the same story - "We should really takeoff in the next 6 or 12 or 18 months." It sounds like a politician justifying some action by promising the results will be seen in "the next couple of years." This company is long "ins", promises and other such fluff and very, very short in actual execution.

I can't believe I'm still holding onto shares of this company. Currently I'm waiting for one more puff of W. Buffett's proverbial cigar butt to unload.

Again, I wonder how is this company positioned any better than any its dozens or more (both private and public) competitors to reap the benefits of the DSP revolution. I think I have finally come to the realization that they are not in any enviable position.

I can at least say this has been a learning experience-although somewhat of an expensive one.

Hoping for just one more pop in the stock price to unload.

John