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Technology Stocks : Celeritek(CLTK)- earnings up 1300%

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To: Bill Marble who wrote (56)3/19/1997 9:41:00 PM
From: Robert Sherman   of 212
 
Stay away from CLTK unless you like to lose money. I recently lost a bundle over 3k in less than a week, bought at 16 sold at 10. The company has terrible management. They would like to be in the GaAs market but they will be eaten alive by VTSS. They are no competition to VTSS. I don't trust the management and their product line. If you wanted a play on GaAs, the only player in town is VTSS, which by the way is selling at a bargain price along with the rest of the technology group.

-Robert.
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