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Technology Stocks : APSG - Applied Signal -- Ignore unavailable to you. Want to Upgrade?

To: Duncan who wrote (755)	4/26/1998 10:38:00 AM
From: Mark[ox5]	Read Replies (1) \| Respond to of 884

I've traded/invested in this company a few times in the past year. I like it, and IMHO unless there is something fishy in the air its a great buy here. It used to trade predictably in the 12 to 17 range often. Those who takes risks will be able to buy it at this bargain price and if all is well after the earnings report, they will benefit the most. Those who are more cautionary will wait until after the report, and if it is good, will profit but not as much. Also here is a post from Yahoo Board : <see below and take it for what its worth.. I dont know if it is accurate I couldnt verify the info myself> I dont understand the logic of what he is doing.. he is changing a stock from a BUY @ 19, to a HOLD @ 12. If he likes the company he should be issuing a BUY @ 12 and a HOLD @ 19... Then again this is the stock market and logic doesnt rule. Navellier Downgrades Applied Signal To 'Hold' From 'Buy' NEW YORK -(Dow Jones)- Navellier & Associates downgraded Applied Signal Technology Inc. to "hold" from "buy," citing the recent drop in the company's stock price. Louis Navellier, principal of the Reno, Nev., money-management firm, said the downgrade was made after the company's stock broke out of Navellier's acceptable trading range. Here is short summary of what the rest of the aritical said. Navellier owns 108,000 shares which he plans on holding till 2nd quarter earnings are released on May 15th. If the earnings are not what is expected then Navellier said that they would sell the 108,000 shares.