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

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To: Nosmo King48 who wrote (94)5/17/1997 5:27:00 PM
From: Richard H.   of 212
 
Does this mean the MM is (was) holding a good size inventory of CLTK
shares? Lots of brokerages make a market in this stock, including
Oppenheimer, Needham, Alex Brown, Cowen, AG Edwards, Paine Webber,
Prudential, Advest, First Albany, Furman Selz, Piper Jaffray, Unterberg Harris.

Volume is up and the stock price is up a bit. I've been following the bid price,
up from $9.75 to $11.25 - an increase of 15% - in two weeks. Someone is
accumulating these shares.

Richard
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