I like the company's comment that accompanied their earnings report "...the first quarter saw the highest level of orders in the last five quarters." :
07/14 4:32P (DJ) +DJ Digital Microwave 1Q Net Break-Even Vs Oper Loss 13c
Story 6107 DJ Digital Microwave Earnings -2: 1Q Table, Comment >DMIC
Digital Microwave Corp. - San Jose, Calif.
1st Quar June 30:
1999 1998
Sales $65,954,000 $63,211,000
Net income 160,000 a (15,482,000)
Avg shrs (basic) 62,886,000 61,351,000
Avg shrs (diluted) 68,060,000 61,351,000
Shr earns (basic)
Net income .... a (.25)
Shr earns (diluted)
Net income .... a (.25)
Figures in parentheses are losses.
a. Includes restructuring charges. Excluding charges, the company lost $8.3 million, or 13 cents a share.
Digital Microwave Corp. (DMIC) said the first quarter saw its highest level of orders in the last five quarters, with particularly "strong" orders from Asia.
The company makes wireless services for telephone network inter-
connection and access.
- In Kyung Kim; 201-938-5400
And, I see S.G. Cowen upgraded the company from Buy to Strong Buy.
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