Celeritek(CLTK)- earnings up 1300% Message Board

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

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To: Johan Van Houtven who wrote (15)	12/19/1996 8:42:00 PM
From: Wei Chang	of 212

I have followed CLTK for a while and I like this company alot. Actually yesterday's news were reflected in their recent 10K report and I was not surprised about the release. what surprised me is I can get in to buy this stock this morning below $10! According to their financial report and their earing growth rate, I also came out the same price, $17, which is a fair value for this one. Most importantly, this company has great products ( I am in this field) and with no debt!! Right, their debt is $0.0000 Today's drop simply offered me a great chance to get in. Since the trading did not pick up later, I expect this stock might drop back a littl bit more, maybe to low 9 or high 8, but it is going to pick up faster than any other high tech stocks. However, I have the doubt they will reach $20 by year end. IT could happen when their next quarter earning comes out, I guess it is going to be sometime Jan. 16. I appreciate if anyone can share their invaluable comments. Have a great holiday to everyone! Wei

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