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Technology Stocks : Celeritek(CLTK)- earnings up 1300%

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To: Robert Walter who wrote (183)7/15/1998 10:34:00 PM
From: Johnathan C. Doe  Read Replies (1) of 212
 
Actually, I think the earnings report is favorable. They will be cutting expenses, some things might pick up a little, the downturn is for a couple of quarters and the company is responding to the situation. It won't mean growth, but the company isn't going down the tubes because of the situation and so I figure 4 to 5 range looks solid.
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