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Technology Stocks : Vari-L (VARL)

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To: Labrador who wrote (977)6/15/1999 5:11:00 AM
From: Labrador  Read Replies (1) of 2702
 
Vari-L is holding up quite nicely in a rough market. Stock now hovering at the $8 level, with yesterday's volume at about 67,000 shares. Quite a move from the $6.25 level a few months ago.

I am anticipating a good revenue gain this quarter; First Call has this quarter's earning projected at 13 cents.

No comments regarding VARL's patent announcement -- but apparently the R&D is making some progress. At last quarter's conference call, the company stated that they had numerous inquiries for quotes on mfg orders in the 1 million plus range. Anyone suspect whether the company has signed on any big orders?
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