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Technology Stocks : California Micro Devices

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To: Ken Peterson who wrote ()4/22/1996 8:13:00 PM
From: Ken Peterson   of 168
 
The chart shows 5 successive higher lows. Coverage
is picking up. Could be nice for the patient investor.

Dow Jones News Service -- March 22, 1996

Salomon Starts Calif Micro Devices With Hold Rtg

NEW YORK (Dow Jones)--Salomon Brothers initiated coverage of California Micro Devices Corp. (CAMD) with a hold rating.

In a research note, the firm said that while it believes the company has tremendous opportunity in the marketplace,
near-term stock price performance will be moderated by slower revenue growth in the fourth quarter and the tedious
resolution of shareholder lawsuits.

Salomon estimates the company will earn 49 cents a share in fiscal 1996 and 66 cents in fiscal 1997.

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