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

To: Christopher Brainard who wrote (790)	5/14/1998 9:57:00 AM
From: Christopher Brainard	Read Replies (2) \| Respond to of 884

Earnigs are out: $0.28 vs. $0.21 That is the good news. The bad news is that 2nd quarter orders were only $16.3 million, down 32% from last year. This fall off in new orders is what has been killing the stock. (IMHO) Some of the big players must have gotten hold of this news. If new orders do not pick up soon, there is no way the company can meet estimates for the 4th quarter. 3rd quarter might even be in trouble. Will be interesting to see what management has to say about the next three months. Chris ...