Bruce, from CBS Market Watch.
Regards,
Tom
Wednesday, September 27, 2000
MWAV sees strong Q3
--9:41 am - By Michael Baron
M-Wave (MWAV: news, msgs) is gaining $5.12, or 29.4 percent, to $22.12.
Before the opening bell, the Bensonville, Ill., manufacturer of circuit boards for
wireless applications said it expects third-quarter earnings to fall within a range
of 45-to-50 cents a share, exceeding second quarter net income of $758,000, or
33 cents a share, by roughly 50 percent. M-Wave forecast sales for calendar
2000 of between $40 million and $50 million, up significantly from sales of $11.3
million in 1999. |
