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Technology Stocks : CMIC- CALIFORNIA MICROWAVE

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To: Jolly Roger who wrote (44)2/22/1997 5:37:00 PM
From: TheLineMan   of 67
 
I delved a little more into what was going on in NY. A large portion of the layoffs were deadwood, and due to the products being moved to Arizona. However, it looks like most of the people who new
anything about the satellite business have left the company also. This has been going on slowly over the last 2-3 years. Losing a lot of experianced hard working people can't be good. Doesn't leave much left there. I think EFData have been going through a similar experiance though I heard most of that as third hand information.
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