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Technology Stocks : Circuit Systems (CSYI)
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To: majaman1978 who wrote (41)12/16/1997 8:46:00 PM
From: David Seltzer  Read Replies (1) of 51
 
I would agree that the qtr was disappointing.However,information from
the recent 10Q is somewhat positive.
1.Backlog as of 10/31/97 is $18.615 million compared to $14.136
million as of 10/31/96.
2.Repurchased 87,000 shares from November thru 12/3/97 for $404,000.
3.Effective 11/24/97 acquired certain PCB assets from Zenith
Electronics for $625,000.They will provide 100% of the PCB's which
were produced by Zenith's Chicago facility,Also,they will supply 50%
of any newly designed PCB's for a period of 2 years.Note that the
backlog in #1 does not include the Zenith numbers.
4.At least earnings for the qtr were positive($.04).

David
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