The present invention relates to processing of spread spectrum signals, where a continuous signal of a comparatively high frequency is received. This signal is sampled at a basic sampling rate whereby a resulting sequence of time discrete signal samples is produced, which are in turn quantized into a corresponding level-discrete sample value. A plurality of data words are formed, which each includes one or more consecutive sample values. Information obtained from these data words is correlated with at least one representation of a signal source specific code sequence, which has been pre-generated in the form of a code vector. The correlation step specifically involves correlating at least each vector in a sub-group of the code vectors with at least one vector that has been derived from the data word. Thereby resulting data is produced.