Ken y Amigos:
THIS WEEK..........SO FAR, SO GOOD!!!!!!
MON TUES TOTAL
IDTC +4% -10% -6%
VARL -3% +3% 0
LAF -1% 0 -1%
MESG +31% +22% +54%
CHS - 2% 0 - 2%
GTNR 0 +11% +11%
HIV 0 -6% -6%
ICOR 0 +44% +44%
Phil and Pilot....the Yeeeeeeeehhhhhhhhhhhhhaaaaaaaaaaaawwwwwwwws
are yours. YOWEE!!!!! Great picks !!!!
GTNR reports before the bell tomorrow. Nice volume
today. Take a look at the Amigo update at smallcapforum.com
Thanks Scouser for the technical analyses.
The Russell 2000 outperformed blue-chip shares for
the third consecutive day increasing 4.92
points, or 1.2%, to 417.24.
clearstation.com
VARL beat earnings estimates by almost 40%. Looks good.
From the earnings release:
<....the surge in first quarter sales was notable for two
additional reasons: First, it was achieved notwithstanding
continued delays in shipments to certain foreign customers
due to government-mandated export restrictions on
military/aerospace products; and, second, it included
initial shipments against an 840,000-unit order for VCOs to
be used in subscriber devices manufactured by the Wireless
Access division of Glenayre Technologies, Inc.
(Nasdaq: GEMS - news).
''The outlook for 1999 is very bright,'' Sherman added.
''We are experiencing a significant increase in quotation
activity from traditional customers in the commercial
wireless and military/aerospace market segments. In addition,
we are very optimistic about increasing demand from the
subscriber marketplace, particularly in the second half of
the year.''
Vari-L experienced a strong resurgence during the first
quarter in firm customer orders from international markets
and military/aerospace markets. Compared with the first quarter
of 1998, international orders increased 93% to $1.5 million
and military/aerospace orders increased 43% to $1.0 million.
Overall order flow still favored domestic markets (62%
domestic vs. 38% international) and commercial markets (75% commercial vs. 25% military/ aerospace), but the Company
is heartened by the renewed vigor in these other markets.
The Company ended the first quarter with an order backlog
of $16.8 million.> |
