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

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To: Johnathan C. Doe who wrote (184)7/16/1998 2:04:00 AM
From: Robert Walter   of 212
 
Jonathan,

I agree that the earnings report isn't all bad news. Its nice to see management react quickly to a problem and writing of the inventory should help going forward. IMHO though we may see a knee jerk reaction at first tomorrow then hopefully things should stabilize and trade in the $4-5 dollar range.

Robert
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