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Technology Stocks : Aeroflex (ARX)
ARX 13.80+9.4%3:59 PM EST

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To: Kerry Lee who wrote (213)9/6/1997 11:43:00 PM
From: joe valdez   of 586
 
I have come across a few that do report on a fully diluted
basis,But that didnt mean they were good companies.As for
arx, they seem to have potential to grow at 25 to 30% for
next year or two and I thought their conferance call was
convincing enough that I did buy some.one last point just
being associated with lucent should help move this stock.
By my numbers fifteen by year end is possible, that gives
it a pe of 33 by this years estimates of .45 this could
only happen with a good 1st qty and a positive news release
or two with lucent tied in with it.Would make for a nice
christmas present!

Joe
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