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Technology Stocks : CAM Design (Naddaq: CMDA) - cheap growth stock?
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To: JDP who wrote (13)3/20/1997 3:00:00 PM
From: Jim Courson   of 34
 
I been piling up on shares since it hit 3 5/8. It seems to me that they have been moving towards a presence in the defence field. Competition is tough but they seem to be confident that they will develope quite a name for themselves. They seem to be moving in the right direction in the sense that they got a multi-million dollar contract with Mercedes, they opened up an office in New York to increase their presence in the U.S. etc.. I wonder why they decided to declare .04 per/share dividend instead of reinvesting it in the company? Volume also seems to have increased on several days in the last week or so (40-50,000 shares) which makes me think that a micro-cap mutual fund has it on its radar screen. I would love some reflections on the company. I'm living in Cairo and am cut off from the world without things like this.
Jim C.
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