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Technology Stocks : CTS Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Scott D. who wrote (18)	11/8/1997 10:19:00 PM
From: Alan Siegal	Read Replies (1) \| Respond to of 44

Scott: Thanks for the numbers. BOY, what a boring company. DIP switches and potentiometers! This is DEFINITELY NOT for someone looking to avoid commodity makers. I didn't think things like this are still made in the US. (Maybe it's too low tech for Mexico and Indonesia :-) ) Peter Lynch, of course, loves boring. He also loves a dull looking annual report. Well, even if it isn't the annual report, that website sure is a low-budget ordeal. Too bad they've had such a nice runup. I have to get the paperwork--everybody's stock price dips badly sooner or later. If they have good management, it could be a nice one. Do you know anything about management? High salaries? High stakes in options? Options repricing history (God forbid!)? See you after the paperwork comes. -Alan

To: Scott D. who wrote (18)	1/29/1998 6:43:00 PM
From: Scott D.	Read Replies (1) \| Respond to of 44

I was the first trade today, buying at $30.50. So far, so good. CTS Corp. 4Q Loss 2c/Diluted Shr On 67c Chg Vs Net 40c CTS Corp. - Elkhart, IN 4th Quar Dec. 31: 1997 1996 Sales $126,420,000 $80,834,000 Net income a (282,000) 6,356,000 Avg shrs 15,405,905 15,681,903 Shr earns (basic) Net income a (.02) .41 Shr earns (diluted) Net income a (.02) .40 Figures in parentheses are losses. a. Includes a charge of $10.5 million, or 67 cents a share, related to DCA acquisition. Excluding the charge, adjusted income was 65 cents a share. - 'Basic' earnings per share is calculated by dividing net earnings applicable to common shares by common shares outstanding. This replaces 'primary' earnings per share, which included common stock equivalents in the calculation. The year ago per share amounts are restated to reflect the current presentation. ** - 'Diluted' earnings per share includes options, warrants and convertible securities in the calculation. Year Dec. 31: 1997 1996 Sales $415,151,000 $321,297,000 Net income b 22,813,000 21,170,000 Avg shrs 15,624,149 15,668,415 Shr earns (basic) Net income b 1.46 1.35 Shr earns (diluted) Net income b 1.43 1.34 Figures in parentheses are losses. b. Includes a charge of $10.5 million, or 67 cents a share, related to DCA acquisition. Excluding the charge, adjusted net income was $2.13 a share. CTS Corp. (CTS) makes electronic components for the automotive, computer and communications equipment markets.