ATRO Astronics--Specialty keyboards, packaging. Message Board

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Non-Tech : ATRO Astronics--Specialty keyboards, packaging.

ATRO 48.73

-0.9%

3:59 PM EST

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To: Christopher Brainard who wrote (41)	4/21/1998 1:23:00 PM
From: Christopher Brainard	Read Replies (1) of 92

Great earnings report .. revenue growth was even more than I expected. Best news, however, was that 1st quarter orders were a strong $14.9 million, bringing backlog up 34.9% from Dec-97 to a record $14.6 million. Expect next 2-3 quarters to show very good revenue and EPS growth. I have raised my 1998 EPS forecast to $0.82 and I would not be very surprised to see this estimate turn out to be low. Twelve month price target of $16 seems pretty reasonable. Hope everyone has been buying shares at these bargain levels. Added again to my position today at $9 early in the AM. Might be the last time you can buy below $10? Good luck to all. Chris ...

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