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Technology Stocks : California Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Elvis Jones who wrote (138)12/19/1999 3:04:00 PM
From: Alan A. Hicks  Read Replies (1) | Respond to of 168
 
Looks like CAMD will get its $2 million back. CAMD has $2 million set aside from the old shareholders lawsuit from the problems caused by the old management 5 years ago. They will get the $2 million back if CAMD stays above an average price of $11.5 for 20 days.

From the way the stock acted Friday maybe that will be just 20 days away. The action was very impressive. There apparently was a size seller at $10 ó but buyers were relentless and overwhelmed the seller near the close. Acts like we are breaking out again. We might get to my 5 times revenues target ($20) faster than I thought.