We calculate the power spectrum of adiabatic density perturbations in
an open inflationary model in which inflation occurs in two stages. Fi
rst an epoch of old inflation creates a large, smooth universe, solvin
g the horizon and homogeneity problems. Then an open universe emerges
through the nucleation of a single bubble, with constant density hyper
surfaces inside the bubble having constant negative spatial curvature.
An epoch of ''slow roll'' inflation, shortened to give Omega(0) < 1 t
oday, occurs within the bubble, which contains our entire observable u
niverse. In this paper we compute the resulting density perturbations
in the same ''new thin wall'' approximation used in a previous paper,
but for an arbitrary positive mass of the inflation field in the false
vacuum satisfying m(2)/H-2 greater than or equal to 2 where H is the
Hubble constant during old inflation.