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Technology Stocks : American Technical Ceramics (AMK)
AMK 35.240.0%Sep 5 5:00 PM EST

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To: dave niper who wrote (9)8/26/1997 11:50:00 AM
From: David Rubin   of 83
 
I had AMK on my radar screen to buy on weakness at 14. I was quite surprised to see the recent sell-off.

Sales growth of 6% for the quarter and 8% for the year is not spectacular. However, earnings growth of 52% and 66% respecively for the same time period is VERY nice.

Can anyone tell me what the company did to make such drastic reductions in the bottom line? Will this trend continue, or will their earnings growth slow to more closely match their sales growth from here on?

AMK seems like a bargain at these prices if their earnings are expected to continue to grow as they have been over the last year.
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