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 (14)	12/19/1996 8:56:00 PM
From: David Howard	of 212

Well I'm still licking my wounds a bit. I bought in at 14.5 it shot up to 16 so I exitted the following day. Then yesterday I got back in at 14 1/8 then within minutes trading was halted, maybe I should have hung in there, but had no idea what was going on, so I got out at 9.25 ! The claimed reason by CLTK for the halt in trading was to allow news to permeate - but I could find none, not even on their home page. CLTK apologized saying they will post the news immediately on their home page. My mistake was in assuming that the market had already dis-counted the fact that GaAs foundry work is still in its infancy.

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