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To: Gregory DeMoully who wrote (778)5/8/1998 5:08:00 PM
From: DIY Investor  Respond to of 884
 
Conference Call Scheduled 5/15/98

BW0134 MAY 08,1998 12:16 PACIFIC 15:16 EASTERN

( BW)(APPLIED-SIGNAL-TECH)(APSG) Applied Signal Technology, Inc. Announces Conference Call
Schedule

Business Editors

SUNNYVALE, Calif.--(BUSINESS WIRE)--May 8, 1998--Applied Signal Technology, Inc. (NASDAQ-APSG) announced today
that a conference call will be held on Friday, May 15, at 8:00 a.m. PDT to discuss the 2nd quarter results of FY98 which will be released on
May 14, 1998. The call will be hosted by Gary L. Yancey, President. If you wish to participate in the call, please call 1-800-633-8485 at
8:00 a.m. on Friday, May 15, 1998.
A postview of this call will be available from May 15, 1998 at 10:00 a.m. PDT until May 16, 1998 at 10:00 a.m. PDT. To participate in
the postview, call 800-633-8284 and enter Reservation No. 4266040.

--30--eb/sf*

CONTACT: Applied Signal Technology, Inc.
Brian M. Offi (CFO) or Mary Rogge (IR), 408/749-1888

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS




To: Gregory DeMoully who wrote (778)5/9/1998 1:31:00 PM
From: Mark  Read Replies (1) | Respond to of 884
 
Earnings estimate (singular ?) is apparently 26c (or 24c if you
believe First Call ?).

From my previous post, I'll be happy with -

Revenues at > $18m
GMs > 37%
I don't really care too much about the rest, though would obviously
*like* to see them hit or exceed 24c on EPS. I'd actually settle
for lower on the EPS, PROVIDED the difference is an increase in R&D
spending.

FWIW

Mark