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Technology Stocks : Vari-L (VARL) -- Ignore unavailable to you. Want to Upgrade?

To: JOHN WHITE who wrote (751)	5/13/1998 12:02:00 PM
From: JakeStraw	Respond to of 2702

My observations after looking over the '97 Annual Report are as follows: 1) Good sales increase over '96. Sales revenues increased 42% '97 compared to '96. 2) Net income increased over 70% in '97 compared to '96. 3) Gross margins increased to 52%!! 4) Backlog of unfilled firm orders was at $17 million 12/31/97. 5) Blue-Chip Customer base. 6) Market share of the cellular infrastructure VCO market in Western Europe increased to 75% in '97. 7) Patent awarded in '97 for a transformer circuit for cable TV applications which is part of a strategic alliance with Lucent tech. (LU).