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Technology Stocks : MWAV-M WAVE COMM -- Ignore unavailable to you. Want to Upgrade?


To: cblranch who wrote (312)7/25/2000 2:14:12 PM
From: Tom Hua  Read Replies (1) | Respond to of 443
 
Brad, MWAV is a long term hold for me too. No intention of paying short term capital gains on this potential multi-bagger. CBS coverage today.

Regards,

Tom

NewsWatch
Indications
ADR Report

Tuesday, July 25, 2000

M-Wave surges 38%
--1:12 pm - By Chris Kraeuter
M-Wave (MWAV: news, msgs) shares are up 38 percent on volume of 390,000 shares, 19 times greater than
average. The maker of printed circuit boards used in wireless communications reported net income of $758,000,
or 33 cents a share, compared with a net loss of $226,000, or 10 cents a share, for the same period last year.
Revenue was $11.97 million compared with $1.9 million for the same quarter one year ago. "The strategic plan
that we have been implementing over the last five quarters gives us the tools to achieve our goal of $100 million in
annual sales within the next five years," said Joseph A. Turek, chairman and CEO. The company boosted its
annual sales estimate to between $25 million and $35 million. M-Wave shares are up 3 1/32 to 10 15/16. The
company's 52-week high is 15 1/4, hit on March 5.



To: cblranch who wrote (312)7/26/2000 2:42:54 PM
From: Tom Hua  Read Replies (1) | Respond to of 443
 
whole call was impressive
and especially Mr. Turek.


Brad, it's not by coincidence MWAV's employees feel the same way about their CEO. As he was giving me a tour of the facilities a few months ago, Joe greeted his employees by first names, many of them are in the lowest level of the work force. He's also a hands-on guy (afterall, the man owns several patents including the much talked about Flexilink bonding), he explained to me in technical details what each machine is for, how it works. I have a lot of respect for Joe.

Regards,

Tom