CMIC- CALIFORNIA MICROWAVE Message Board

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Technology Stocks : CMIC- CALIFORNIA MICROWAVE

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To: Jolly Roger who wrote (27)	1/22/1997 11:19:00 PM
From: Bert Torres	of 67

Jolly, CMIC's 2nd quarter earnings will be released on Feb. 12th. Expect very substantial write offs of assets and inventories both in the 2nd and 3rd quarters. The company also hired JP Morgan to assist in reviewing its business plans. Why? I don't know for sure. I'm guessing that the company might be for sale, either in pieces or as a whole. I believe this is the reason why they hired JP Morgan. We'll know for sure in a few weeks.

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