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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who started this subject	9/28/2001 5:43:42 PM
From: stevenallen	Read Replies (1) of 19633

Friday September 28, 4:50 pm Eastern Time M-Wave says on track to exceed 2000 revenues BENSENVILLE, Ill., Sept 28 (Reuters) - Circuit board manufacturer M-Wave Inc. (NasdaqSC:MWAV - news) on Friday said it was still on track to exceed its fiscal 2000 revenues, and also said its vice president of virtual manufacturing had resigned. Mark Anderson left the company to ``pursue personal interests,'' M-Wave said in a statement, and his duties will be assumed by Joseph Turek, chairman and chief executive of M-Wave. Turek said the company's goal was to increase revenue by $100 million over the next two to three years. M-Wave had $57.6 million in revenues in 2000. Shares in M-Wave closed down 4.5 percent at $4.01 on the Nasdaq, above their 52-week low of $3.61 but well off their 52-week high of $16.94.

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