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Technology Stocks : Aeroflex (ARX)
ARX 12.54+2.2%3:59 PM EST

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To: joe valdez who wrote (325)10/25/1997 4:28:00 PM
From: Tim Oliver  Read Replies (1) of 586
 
Joe, where do you see 144s filed and why don't you know who filed
them? How did you calculate your 8 cent estimate and what is
causing the difference between the prior quarter which was much
higher?

ARX drifted down to the bottom of their upward trading channel on
Friday after looking strong even on poor market days recently. I,
for one, would like to see more details on the Lucent and Motorola
rollouts, such as business projections for the next 3-6 months.
The 40% growth in backlog from last year going into this last quarter
was positive and hopefully we'll get more guidance on that also at
the conference call. Reduced interest expense from debentures
that were just called probably will only start affecting earnings this
quarter, right?
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