Good call on ELMG. Take a look at PWAV as a long term investment. I'm waiting for a pullback on this one to establish a position.
PWAV designs, manufactures and markets ultra-linear radio frequency power amplifiers for use in the wireless communications market. The Co's. amplifiers increase the signal strength of wireless transmissions while reducing interference. For the 9 months ended 10/99, sales rose from $60.2M to $201.4M. Earnings rose from $4.2M to $11.9M. Results reflect higher sales of cellular and PCS products, partially offset by higher labor and overhead expenses.
REVENUE
Quarters 1996 1997 1998 1999
MAR 13,807 20,243 22,650 56,024
JUN 15,301 27,360 21,099 68,493
SEP 14,486 34,349 16,456 76,900
DEC 16,737 37,757 40,026 91,130*
Totals 60,331 119,709 100,231 292,547* |
