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


To: Edwin S. Fujinaka who wrote (2525)5/18/1999 10:25:00 PM
From: Sarah Chapin  Read Replies (1) | Respond to of 4400
 
Edwin,

Did you take the time to read the fact sheet which followed the press release in Danny's posting? I believe you will find it answers several of your questions.

Sarah



To: Edwin S. Fujinaka who wrote (2525)5/18/1999 10:29:00 PM
From: Bradley W. Price  Read Replies (1) | Respond to of 4400
 
Re 180 Jobs, I think what you are seeing is the effect of indirect economic benefit. I am in the US military, and we often do these calculations for economic impact of bases i.e. every dollar spents yields $6 in indirect benefit to the local economy (or every job created results in 6 others!) I would guess that the actual increase in headcount is on the order of 20-30. I too wonder what actual products are going to result from this, though.

Regards, bp



To: Edwin S. Fujinaka who wrote (2525)5/18/1999 10:32:00 PM
From: dwight martin  Read Replies (2) | Respond to of 4400
 
You need to come on down out of the vapor phase, son, and DYDD. That would include, at a minimum, actually reading the PRs. They will double their 75-strong engineering staff with the $6MM, not their entire workforce of 175. The error of your supposition would have been apparent if you had simply divided $6MM by 175, unless you believe that all SSPI hires is clerks and technicians.

Caution is one thing, your approach is something else.