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

To: marcos who wrote (1927)	9/9/1999 5:34:00 PM
From: Sultan	Respond to of 2267

Let's see how the CC goes. Off hand, wireless numbers being week does not worry me. It shows that things could be even better once the revenue from that market start to roll...

To: marcos who wrote (1927)	9/9/1999 5:38:00 PM
From: Don Pueblo	Read Replies (1) \| Respond to of 2267

I was watching this stock 3 years ago. Wall Street ran it to 48 bucks in the summer of '96 on the wireless hype, and then whacked it down to under 5, where it stayed for over 2 years. I, like everyone else, just forgot it existed. My take when it broke out above 2 1/2 in late May (and I would not have seen it had I not gotten a heads-up from the best chart reader on SI, Jan I Am), was that these guys had watched a whole bunch of the competition in wireless shrivel up and die, and they were still there. I thought that was a good sign. I think (and I am guessing here, I've never spoken to anyone at CAMP except the Receptionist) that Mr. Sturm said, "Screw Wall Street, screw the competition, screw anybody that is trying to jack us around. We are going to sit here and make good stuff, and sell it, and at some point, we will succeed." Then in early '99, Sprint started buying Bulletin Board wireless deals, and things got interesting. The chart at that time, in late May, was one of the sweetest potential long-term plays I have ever seen. It looked like a Home Run. I had zero doubt it would go up. Then the company came out with a positive number last quarter. Jan had called for a top at 14 3/4 back in April, (she was dead on), and when it broke 15 on Tuesday, I looked for 19 1/8 before the numbers came out on Thursday afternoon. This will be one I can tell my grandkids about after several vodka gimlets. I mean me, not them. Unborn children should not drink Rose's Lime Juice. (BTW, there was an 85,000 share order that got executed at 16:01. Wish it were me.)