APSG - Applied Signal Message Board

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Technology Stocks : APSG - Applied Signal

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To: Richard Birk who wrote (861)	2/2/1999 11:16:00 AM
From: Christopher Brainard	Read Replies (1) of 884

Hi Richard, Have you seen any news or know why the stock has broken down to hit new 52 week lows? My guess is that the slowdown in new orders that has plagued this company for the past few quarters is about to impact the income statement. You can only live off your backlog for so long before your reported sales takes a big hit. The long term prospects for this company seem pretty good, so some where a little more south from here would be a very nice buying opportunity. I am thinking around $6-$7. What are your thoughts as a longer term holder of this stock? Thanks... Chris

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