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To: Skeeter Bug who wrote (597)	3/5/1998 1:48:00 PM
From: Dale Baker	Read Replies (1) \| Respond to of 118717

Hope your position does better with earnings, Skeet. They could announce that the world had stopped using microprocessors and the semi stocks would take it in stride, it seems. Anybody follow MCRY? We missed a good one here. DSP is hot... MERCURY COMPUTER SYSTEMS INC (MRCY) 16 1/4 +1 1/4. Mercury Computer shares have risen 26% since we wrote about the company a little over two weeks ago (Story Stocks 02/24). The stock is continuing its ascent today, following the release last night of in-line fiscal 4th qtr earnings. For the three months ended December 31, the developer of hgh-performance digital signal processing computer systems, that transform sensor data to information in real time, reported net income of $0.23 a share, on revenues of $20.6 million, year-over-year increases of 188% and 36.4%, respectively. The company's top-line performance for the 2nd qtr marked the first time that Mercury Computer has exceeded the $20 million revenue barrier. For fiscal years 1998 and 1999 (yr-end June), Mercury is expected to earn $0.84 (P/E 19.34) and $1.00 (P/E 16.25), which suggest near-term bottom-line growth of 19%. According to Prudential Securities (which served as underwriter of the company's January 30 IPO), Mercury Computer will log 27% 3-year revenue growth and 45% growth in operating income. The firm currently rates Mercury a "buy" and the stock sits on Prudential's "Single Best Idea List." Description: Mercury's computer systems are used in both defense and medical signal processing applications. In air-, sea-, and land-based military platforms, these systems process real-time radar, sonar, and signal intelligence data. In medical imaging, Mercury's systems are embedded within diagnostic devices for modalities including magnetic resonance imaging (MRI), computed tomography (CT), and positron emission tomography (PET).