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


To: Don Pueblo who wrote (1924)9/9/1999 5:15:00 PM
From: Challo Jeregy  Respond to of 2267
 
has anyone seen this itty-bitty . . .

quote.yahoo.com



To: Don Pueblo who wrote (1924)9/9/1999 5:20:00 PM
From: marcos  Read Replies (2) | Respond to of 2267
 
Well, i dunno .. think i'll meditate on Kevin Mc's point a bit ... it would help to know what the difference is between MMDS and DBS, i guess - anybody know? -g-

If this was a Normal People stock, i.e. a Canadian mineral exploration junior, it would sell off at least a little on the news, because that's just what they do, even on good news. This is because it takes more effort to visualise reality than it does to build vague dreams, and people are for the most part fundamentally incurably lazy. For that reason, i sold half [or so] today, three eighths under your target ... well, for another reason as well - i needed the cash to cover more Jordie.

One thing i like about this guy Sturm is a total lack of hypey air-castle bullshit ... when you find a performing resource junior like this you short-list it ... i suspect a high level of professionalism because he's not pulling any pie-in-the-sky strings here -

"Fred Sturm, Chief Executive Officer, commented, ''The significant increase in sales and earnings both in the second quarter and in the first six months of fiscal year 2000 resulted primarily from strong shipments of U.S. DBS satellite products. Wireless product shipments continue to be weak, as the U.S. industry has reduced its MMDS video equipment purchases while it evaluates the roll-out of two-way voice and data and as many international markets cope with lack of capital availability. We are awaiting a definitive roll-out timeframe by U.S. operators as they finalize their two-way MMDS strategies and do not currently expect any meaningful demand for two-way wireless products before our fiscal year 2001, which begins in March 2000.''

Mr. Sturm continued, ''We continue to focus our design resources for future sales growth opportunities in two major market segments. Our development in fixed-point broadband wireless is centered on transceiver products for two-way telephony and Internet applications for businesses and consumers utilizing MMDS, WCS, MDS and ISM bands. In satellite communications our efforts are geared toward next generation satellite DBS products for video distribution and high-speed data delivery.''
"