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Technology Stocks : California Amplifier - 2 -- Ignore unavailable to you. Want to Upgrade?

To: XOsDaWAY2GO who wrote (1654)	6/10/1999 4:46:00 PM
From: Hiram Walker	Read Replies (1) \| Respond to of 2267

To all, we kicked some Satellite Wireless Ass! Thursday June 10, 4:15 pm Eastern Time Company Press Release SOURCE: California Amplifier, Inc. California Amplifier Reports Fiscal 2000 First Quarter Results Sales Increase 45% Over Prior Year Quarter and 29% Sequentially CAMARILLO, Calif., June 10 /PRNewswire/ -- California Amplifier, Inc. (Nasdaq: CAMP - news) today reported results for its first quarter ended May 29, 1999. Sales for the quarter increased 45% to $13,093,000, from $9,060,000 for the first quarter of the prior year. The first quarter net income was $358,000, or $0.03 per share, compared to net loss of $485,000, or $0.04 per share, for the first quarter ended May 30, 1998. These results also compare to sales for the preceding fourth quarter of $10,077,000, and net income per share of $0.01. Fred Sturm, Chief Executive Officer commented, ''We are pleased to report that we achieved sequential growth of 29% in sales and 260% in net income in the first quarter. The sales increase was due primarily to satellite product sales which include the Company's integration of Gardiner Communication's U.S. DBS product lines acquired on April 20, 1999. We continue to see opportunities in the satellite marketplace and expect this to be key to the sales growth in the current fiscal year. In addition, we are encouraged by the recently announced investments by Sprint and MCI WorldCom in domestic wireless cable operators and look forward to capitalizing on opportunities generated for wireless products as the MMDS industry begins its rollout of two way wireless high-speed Internet access and telephony services to consumers.'' Great quarter everyone! Wow, wait until the MMDS buyouts are complete and Sprint starts purchasing millions of dollars of MMDS 2-way sectorized equipment! Hiram

To: XOsDaWAY2GO who wrote (1654)	6/10/1999 4:46:00 PM
From: LAWREAL	Read Replies (1) \| Respond to of 2267

California Amplifier Reports Fiscal 2000 First Quarter Results Sales Increase 45% Over Prior Year Quarter and 29% Sequentially CAMARILLO, Calif., June 10 /PRNewswire/ -- California Amplifier, Inc. (Nasdaq: CAMP) today reported results for its first quarter ended May 29, 1999. Sales for the quarter increased 45% to $13,093,000, from $9,060,000 for the first quarter of the prior year. The first quarter net income was $358,000, or $0.03 per share, compared to net loss of $485,000, or $0.04 per share, for the first quarter ended May 30, 1998. These results also compare to sales for the preceding fourth quarter of $10,077,000, and net income per share of $0.01. Fred Sturm, Chief Executive Officer commented, "We are pleased to report that we achieved sequential growth of 29% in sales and 260% in net income in the first quarter. The sales increase was due primarily to satellite product sales which include the Company's integration of Gardiner Communication's U.S. DBS product lines acquired on April 20, 1999. We continue to see opportunities in the satellite marketplace and expect this to be key to the sales growth in the current fiscal year. In addition, we are encouraged by the recently announced investments by Sprint and MCI WorldCom in domestic wireless cable operators and look forward to capitalizing on opportunities generated for wireless products as the MMDS industry begins its rollout of two way wireless high-speed Internet access and telephony services to consumers." The statements with respect to sales, and operating results discussed in this press release may be forward looking statements that involve risk and uncertainties, including without limitation, product demand, sales mix, competitive products, manufacturing efficiencies, acceptance of new products, timing of new product introductions, and other risks and uncertainties that are detailed from time to time in the Company's SEC reports, including Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. Copies of the Company's most recent Form 10-Q and Form 10-K can be obtained from the Company on request. California Amplifier, ISO 9001 certified, designs, markets and manufactures a broad line of microwave amplifiers, downconverters, antennas, and integrated fixed point solutions used primarily in conjunction with satellite video and terrestrial broadband applications. The Company's Satellite business unit designs and markets reception components for the worldwide DBS television market as well as consumer and commercial products for both C-band and Ku band applications. The Wireless business unit designs and markets integrated reception solutions and MultiCipher(R), a proprietary broadband scrambling conditional access system, for the Wireless Cable (MMDS) industry. The Voice & Data business unit designs and markets two-way wireless solutions for voice, video, telephony, and networking applications. Micro Pulse, a consolidated 50.5% ownership investment, designs, markets and manufactures antennas for a broad range of wireless applications historically for GPS applications.