California Amplifier - 2 Message Board

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Technology Stocks : California Amplifier - 2

CAMP 3.670

+7.6%

Nov 26 3:59 PM EST

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To: a.m. fisher who wrote (1969)	9/10/1999 7:11:00 PM
From: Jibacoa	Read Replies (1) of 2267

AMF: <<<Why is the stock dropping ? >>> The stock at 19 was overbought. The 13 day average was down at the 13 level !!! The latest earnings and sales report showed an impressive increase in sales and the earnings at 0.07 were better than expected,however, the asset/liability improvement was not as impressive. They had over 3 million of current assets on "goodwill" and the liabilities increased substantially. The increase in "shareholder's equity" was not as impressive as the increase in sales. Will keep watching it closely before buying back. Bernard

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