To: Ken W who wrote (15029 ) 4/13/1999 7:07:00 PM From: Sergio H Read Replies (3) | Respond to of 29382
Ken y Amigos: THIS WEEK..........SO FAR, SO GOOD!!!!!! MON TUES TOTAL IDTC +4% -10% -6% VARL -3% +3% 0 LAF -1% 0 -1% MESG +31% +22% +54% CHS - 2% 0 - 2% GTNR 0 +11% +11% HIV 0 -6% -6% ICOR 0 +44% +44% Phil and Pilot....the Yeeeeeeeehhhhhhhhhhhhhaaaaaaaaaaaawwwwwwwws are yours. YOWEE!!!!! Great picks !!!! GTNR reports before the bell tomorrow. Nice volume today. Take a look at the Amigo update at smallcapforum.com Thanks Scouser for the technical analyses. The Russell 2000 outperformed blue-chip shares for the third consecutive day increasing 4.92 points, or 1.2%, to 417.24. clearstation.com VARL beat earnings estimates by almost 40%. Looks good. From the earnings release: <....the surge in first quarter sales was notable for two additional reasons: First, it was achieved notwithstanding continued delays in shipments to certain foreign customers due to government-mandated export restrictions on military/aerospace products; and, second, it included initial shipments against an 840,000-unit order for VCOs to be used in subscriber devices manufactured by the Wireless Access division of Glenayre Technologies, Inc. (Nasdaq: GEMS - news). ''The outlook for 1999 is very bright,'' Sherman added. ''We are experiencing a significant increase in quotation activity from traditional customers in the commercial wireless and military/aerospace market segments. In addition, we are very optimistic about increasing demand from the subscriber marketplace, particularly in the second half of the year.'' Vari-L experienced a strong resurgence during the first quarter in firm customer orders from international markets and military/aerospace markets. Compared with the first quarter of 1998, international orders increased 93% to $1.5 million and military/aerospace orders increased 43% to $1.0 million. Overall order flow still favored domestic markets (62% domestic vs. 38% international) and commercial markets (75% commercial vs. 25% military/ aerospace), but the Company is heartened by the renewed vigor in these other markets. The Company ended the first quarter with an order backlog of $16.8 million.>