AMLJ Communications (fka AMLJ)

[bigpike]

test--still 17 boardmarks?

[littlefish]

Unloaded my last 3K today to raise a little cash.

Seems Zen lunatic420 and MikeDDKing did a nice job covering this one over time.

[MikeDDKing]

Microsemi Completes Acquisition of AML Communications, Inc.
On Tuesday May 31, 2011, 7:00 am EDT

IRVINE, Calif., May 31, 2011 (GLOBE NEWSWIRE) -- Microsemi Corporation (Nasdaq:MSCC - News), a leading provider of semiconductor technology aimed at building a smart, secure, connected world, today announced that its acquisition of AML Communications, Inc. (OTCBB:AMLJ - News) closed on Friday, May 27, 2011.

"We are pleased to move forward with AML's contribution to the Microsemi family," stated James J. Peterson, Microsemi President and Chief Executive Officer. "RF components are increasingly important in today's defense programs and Unmanned Aerial Vehicle (UAV) systems and this acquisition brings scale and complementary technology to Microsemi's fast-growing RF component and subsystems product offering. As we execute on the integration of AML, we expect to deliver ever more advanced RF solutions to our customers, increase our sellable available market, and drive shareholder returns."

The financial contribution from AML for Microsemi's fiscal third quarter is uncertain at this time but will be immaterial to results. As a reminder, in its fiscal second quarter earnings conference call, the company forecast sequential revenue growth on the order of 3%-5%, excluding the effect of any pending acquisition.

About Microsemi

Microsemi Corporation (Nasdaq:MSCC - News) offers the industry's most comprehensive portfolio of semiconductor technology. Committed to solving the most critical system challenges, Microsemi's products include high-performance, high-reliability analog and RF devices, mixed signal integrated circuits, FPGAs and customizable SoCs, and complete subsystems. Microsemi serves leading system manufacturers around the world in the defense, security, aerospace, enterprise, commercial, and industrial markets. Learn more at http://www.microsemi.com.

The Microsemi Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=1233

About AML Communications

AML Communications is a designer, manufacturer, and marketer of microelectronic assemblies for the defense industry. Its key customers include Raytheon, Lockheed Martin, Northrop Grumman, L-3 Communications, BAE, and others. The Company's extensive range of microwave products can be found in leading defense projects. For more information, visit www.amlj.com.

This release contains forward-looking statements based on current expectations or beliefs, as well as a number of assumptions about future events, and these statements are subject to factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The reader is cautioned not to put undue reliance on these forward-looking statements, which are not a guarantee of future performance and are subject to a number of uncertainties and other factors, many of which are outside the control of Microsemi. The forward-looking statements in this release include, for example, statements concerning Microsemi's revenue and earnings guidance and the potential benefits of the acquisition of AML, including Microsemi's ability to deliver ever more advanced RF solutions to its customers, increase its sellable available market, and drive shareholder returns. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: the risk that AML's business and technology will not be successfully integrated with Microsemi's business, including product mix and acceptance, achievement of gross margins and operational and other cost synergies; negative or worsening worldwide economic conditions or market instability; downturns in the highly cyclical semiconductor industry; intense competition in the semiconductor industry and resultant downward price pressure; inability to develop new technologies and products to satisfy changes in customer demand or the development by the company's competitors of products that decrease the demand for Microsemi's products; unfavorable conditions in end markets; inability of Microsemi's compound semiconductor products to compete successfully with silicon-based products; production delays related to new compound semiconductors; variability of the company's manufacturing yields; the concentration of the factories that service the semiconductor industry; delays in beginning production, implementing production techniques, resolving problems associated with technical equipment malfunctions, or issues related to government or customer qualification of facilities; potential effects of system outages; inability by Microsemi to fulfill customer demand and resulting loss of customers; variations in customer order preferences; difficulties foreseeing future demand; rises in inventory levels and inventory obsolescence; potential non-realization of expected orders or non-realization of backlog; failure to make sales indicated by the company's book-to-bill ratio; Microsemi's reliance on government contracts for a portion of its sales; risks related to the company's international operations and sales, including political instability and currency fluctuations; increases in the costs of credit and the availability of credit or additional capital only under more restrictive conditions or not at all; unanticipated changes in Microsemi's tax provisions or exposure to additional income tax liabilities; changes in generally accepted accounting principles; principal, liquidity and counterparty risks related to Microsemi's holdings in securities, including auction rate securities; environmental or other regulatory matters or litigation, or any matters involving contingent liabilities or other claims; the uncertainty of litigation, the costs and expenses of litigation, the potential material adverse effect litigation could have on Microsemi's business and results of operations if an adverse determination in litigation is made, and the time and attention required of management to attend to litigation; difficulties in determining the scope of, and procuring and maintaining, adequate insurance coverage; difficulties and costs of protecting patents and other proprietary rights; the hiring and retention of qualified personnel in a competitive labor market; acquiring, managing and integrating new operations, businesses or assets, and the associated diversion of management attention; uncertainty as to the future profitability of acquired businesses, and delays in the realization of, or the failure to realize, any accretion from acquisition transactions; any circumstances that adversely impact the end markets of acquired businesses; and difficulties in closing or disposing of operations or assets or transferring work from one plant to another. In addition to these factors and any other factors mentioned elsewhere in this news release, the reader should refer as well to the factors, uncertainties or risks identified in Microsemi's most recent Form 10-K and all subsequent Form 10-Q reports filed by Microsemi with the SEC. Additional risk factors may be identified from time to time in Microsemi's future filings. The forward-looking statements included in this release speak only as of the date hereof, and Microsemi does not undertake any obligation to update these forward-looking statements to reflect subsequent events or circumstances.

Contact:

FINANCIAL CONTACT: John W. Hohener
Executive Vice President and CFO
Tel: [phone]
INVESTORS: Robert C. Adams
Vice President of Corporate Development
Tel: [phone]

[Rawnoc]

AMLJ is part of The SwingTrade Portfolio which is up 38.2% YTD and 148.4% since October 1, 2009 inception.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62605868

[Rawnoc]

AML Communications Signs a Definitive Merger Agreement with Microsemi Corporation

CAMARILLO, Calif., Apr 12, 2011 (BUSINESS WIRE) -- AML Communications, Inc.
(AMLJ) today announced that it had signed a definitive agreement and plan of
merger with Microsemi Corporation (MSCC) and a wholly-owned subsidiary of
Microsemi (the "Microsemi Merger Agreement"). Microsemi shall acquire AML for
$2.50 per share in cash, subject to the terms and conditions of the Microsemi
Merger Agreement. The transaction is subject to customary closing conditions,
including the approval of AML Communications' stockholders, and is expected to
close around the end of June, 2011.

As previously announced, AML entered into an Agreement and Plan of Merger on
February 13, 2011 with Anaren, Inc. and a wholly-owned subsidiary of Anaren (the
"Anaren Merger Agreement"), pursuant to which Anaren agreed to acquire AML for
$2.15 per share in cash.

On April 5, 2011, Microsemi submitted its formal binding offer to acquire all of
the outstanding shares of AML common stock for $2.50 per share in cash. On April
6, 2011, AML notified Anaren of AML's receipt of Microsemi's offer and AML's
intent to withdraw its recommendation in favor of the pending merger transaction
between AML and Anaren unless Anaren matched or exceeded Microsemi's offer. Since
Anaren did not match or exceed Microsemi's offer within three business days,
AML's board of directors has recommended that its stockholders vote against the
merger with Anaren and instead vote in favor of the merger with Microsemi. AML
executed the definitive Microsemi Merger Agreement on April 11, 2011.

About AML Communications

AML Communications is a designer, manufacturer, and marketer of microelectronic
assemblies for the defense industry. Its key customers include Raytheon, Lockheed
Martin, Northrop Grumman, L-3 Communications, BAE, and others. The Company's
extensive range of microwave products can be found in leading defense projects.
For more information, visit http://www.amlj.com.

Forward Looking Statements

This press release contains forward-looking statements made in reliance upon the
safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include, but are not limited to, the Company's views
on future profitability, commercial revenues, market growth, capital
requirements, new product introductions, and are generally identified by words
such as "thinks," "anticipates," "believes," "estimates," "expects," "intends,"
"plans," "schedules," and similar words. Forward-looking statements are not
guarantees of future performance and are inherently subject to uncertainties and
other factors which could cause actual results to differ materially from the
forward-looking statements. These factors and uncertainties include: reductions
or cancellations in orders from new or existing customers; success in the design
of new products; the opportunity for future orders from domestic and
international customers including, in particular defense customers; general
economic conditions; the limited number of potential customers; variability in
gross margins on new products; inability to deliver products as forecast; failure
to acquire new customers; continued or new deterioration of business and economic
conditions in the wireless communications industry; and intensely competitive
industry conditions with increasing price competition. The Company refers
interested persons to its most recent Annual Report on Form 10-K and its other
SEC filings for a description of additional uncertainties and factors that may
affect forward-looking statements. Forward-looking statements are based on
information presently available to senior management, and the Company has not
assumed any duty to update its forward-looking statements.

SOURCE: AML Communications, Inc.

AML Communications, Inc.
Jacob Inbar, President and Chief Executive Officer
805-388-1345 x201


Copyright Business Wire 2011

[MikeDDKing]

AMLJ is trading at the buyout price and even traded at a slight premium at $2.51. Currently it is $2.50 X $2.51.

[wsgalvanize]

......I'm still holding too and have a sell order in for $3.Has anyone received their voting information yet?.....galv

[Rawnoc]

Wow, looks like a bidding war. The buyout could be more than $2.50 per share if this keeps going.

[MikeDDKing]

Nice! I still have some shares!

[Rawnoc]

AML Communications Announces a Superior Offer from Microsemi

CAMARILLO, Calif., Apr 06, 2011 (BUSINESS WIRE) -- AML Communications, Inc.
(AMLJ) today announced that Microsemi Corporation (MSCC) has submitted a formal
binding offer to acquire all of the outstanding shares of AML common stock for
$2.50 per share in cash upon the terms and conditions set forth in a proposed
Agreement and Plan of Merger (the "Proposed Merger Agreement"). As previously
announced, AML entered into an Agreement and Plan of Merger on February 13, 2011
with Anaren, Inc. and a wholly-owned subsidiary of Anaren (the "Anaren Merger
Agreement"), pursuant to which Anaren agreed to acquire all of the outstanding
shares of AML common stock for $2.15 per share in cash.

On April 5, 2011, AML's board of directors, after consultation with AML's
independent financial and legal advisors, determined that Microsemi's offer
constitutes a "Superior Offer" within the meaning of the Anaren Merger Agreement,
and that, in light of such "Superior Offer," the failure of the board of
directors to withdraw or modify its recommendation in favor of the Anaren Merger
Agreement would violate the directors' fiduciary duties to the AML stockholders
under applicable law.

AML has notified Anaren of AML's receipt of Microsemi's offer and that AML's
board of directors intends to withdraw its recommendation in favor of the pending
merger transaction between AML and Anaren. In accordance with the terms of the
Anaren Merger Agreement, Anaren has until the close of business on April 11, 2011
to deliver a proposal to AML that would cause Microsemi's offer to cease to
constitute a "Superior Offer." Pursuant to the terms of the Anaren Merger
Agreement, AML is required to negotiate in good faith with Anaren for a period of
three business days after the business day that the notice is received by Anaren
in accordance with the terms of the Anaren Merger Agreement such that it would
cause Microsemi's offer to no longer constitute a "Superior Offer." If Anaren
does not favorably adjust the terms of the Anaren Merger Agreement, then AML
intends, promptly after the expiration of the three business day negotiating
period, to notify Anaren that its Board of Directors has recommended that its
stockholders vote against the merger with Anaren. It also intends to execute the
definitive agreement with Microsemi in such event. There is no assurance that the
proposed transaction with Microsemi will be completed.

AML does not have a unilateral right to terminate the Anaren Merger Agreement.
Unless it is terminated by Anaren, AML is contractually obligated to hold a
stockholder meeting on the Anaren merger proposal even if Microsemi's offer
remains a Superior Offer. Under such circumstances, the AML Board of Directors
will recommend that stockholders vote against the Anaren merger. In the event
that Anaren ultimately terminates the Anaren Merger Agreement following the
recommendation change, AML will be obligated to pay Anaren a break-up fee in the
amount of $800,000. This break-up fee is to be paid by Microsemi under the terms
of the Proposed Merger Agreement.

About AML Communications

AML Communications is a designer, manufacturer, and marketer of microelectronic
assemblies for the defense industry. Its key customers include Raytheon, Lockheed
Martin, Northrop Grumman, L-3 Communications, BAE, and others. The Company's
extensive range of microwave products can be found in leading defense projects.
For more information, visit http://www.amlj.com.

Forward Looking Statements

This press release contains forward-looking statements made in reliance upon the
safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include, but are not limited to, the Company's views
on future profitability, commercial revenues, market growth, capital
requirements, new product introductions, and are generally identified by words
such as "thinks," "anticipates," "believes," "estimates," "expects," "intends,"
"plans," "schedules," and similar words. Forward-looking statements are not
guarantees of future performance and are inherently subject to uncertainties and
other factors which could cause actual results to differ materially from the
forward-looking statements. These factors and uncertainties include: reductions
or cancellations in orders from new or existing customers; success in the design
of new products; the opportunity for future orders from domestic and
international customers including, in particular defense customers; general
economic conditions; the limited number of potential customers; variability in
gross margins on new products; inability to deliver products as forecast; failure
to acquire new customers; continued or new deterioration of business and economic
conditions in the wireless communications industry; and intensely competitive
industry conditions with increasing price competition. The Company refers
interested persons to its most recent Annual Report on Form 10-K and its other
SEC filings for a description of additional uncertainties and factors that may
affect forward-looking statements. Forward-looking statements are based on
information presently available to senior management, and the Company has not
assumed any duty to update its forward-looking statements.

Additional Information

In connection with the proposed merger with Anaren, AML filed a preliminary proxy
statement with the Securities and Exchange Commission (the "SEC") on March 7,
2011. When completed, a definitive proxy statement and form of proxy will be
filed with the SEC and mailed to the Company's stockholders. Before making any
voting decision, AML's stockholders are urged to read the preliminary proxy
statement, and, when available, the definitive proxy statement carefully, as it
will contain important information about the company and the proposed merger that
stockholders should consider before making a decision about the merger. AML's
stockholders may obtain a copy of the preliminary proxy statement, the definitive
proxy statement (when available) and other documents filed by AML with the SEC,
without charge, from the SEC's website Click for Detail or, without charge,
from AML by mail or from AML's website Click for Detail

[swampboots]

AMLJ: Wants me more as never figured I was not going to get "consideration" !!!!!


I may buy some of me shares back as I never spoke to me lawyer!!!

[Rawnoc]

Seems like every buyout is immediately followed with a lawsuit threat.....cheap advertising IMO.

That saud, the $2.15 cash buyout, despite being well above 11 year highs, does seem awfully cheap. They had maybe .80 per share in cash and tax assets (as good as cash) so the business including it's assets was bought for only $1.45 per share.

[rrufff]

Congrats on AMLJ and your great DD which rewarded many investors. It was my largest speculative holding. Started accumulating late 2008 around .40, loaded up at .33-.35 2 years ago when it crashed. It was frustrating to hold so long but hard to argue with the value and the potential. I was hoping for as high as 5, but this looks damn good now.

Did you see this law firm hopping on? Wonder if there might be a higher bid or interest? or just a smokescreen?

The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of AML Communications, Inc. in Connection with the Sale of the Company to Anaren, Inc. – AMLJ

Press Release Source: Levi & Korsinsky On Monday February 14, 2011, 1:21 pm EST

NEW YORK--(BUSINESS WIRE)-- Levi & Korsinsky is investigating the Board of Directors of AML Communications, Inc. (“AML” or the “Company”) (OTC:AMLJ.ob - News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Anaren, Inc. (Nasdaq:ANEN - News). Under the terms of the transaction, Anaren will acquire all outstanding shares of AML common stock for $2.15 per share in cash for a total equity value of approximately $29.3 million.

[Click here] to learn how to join the action: http://www.zlk.com/aml-communications-amlj.html, or call: 877-363-5972.

The investigation concerns whether the AML Board of Directors breached their fiduciary duties to AML stockholders by failing to adequately shop the Company before entering into this transaction and whether Anaren is underpaying for AML shares, thus unlawfully harming AML stockholders.

If you own common stock in AML and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [e-mail] or by telephone at [phone], toll-free: [phone], or visit http://www.zlk.com/aml-communications-amlj.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

[MikeDDKing]

yep

[dickmilde]

The really nice bonus about this is the liquidity so that you can sell a large position

[Knowledge is King]

thanks

[btmfdr]

Dont know, kinda doubt it. MEADS has been on the chopping block for awhile. So it probably is built into the 2.15 price.

I sold my remaning stock today anyways.

[Knowledge is King]

Nice find btmfdr; think it could derail the acquisition?

[btmfdr]

Hey congrats to all holders of AMLJ stock! This was a huge position of mine last year, but I had sold alot off because I was nervous about the prospects for the MEADS program.

This just came out today:

http://www.armytimes.com/news/2011/02/defense_U.S._will_not-field_MEADS_021411/

[GWMAN]

Congrats to you, good sir!

[MikeDDKing]

Probably not.....But I have a huge smile on my face today. AMLJ is my largest holding!

[GWMAN]

Has there ever been a quieter stock board on any website on the day of profitable buyout??!! LOL

[Rawnoc]

AMLJ buyout is at 11 year highs.

[GWMAN]

Oh yeah. Even better!LOL

At least my brain is working well enough it is "even better"

[Rawnoc]

Try 50% gain.

[GWMAN]

Congrats on your 33% gain this morning!!!!

Was going to slowly start a position again but had not started. Oh well.

[Rawnoc]

AMLJ bought out.

[hogfan2]

Military Leaders Convene to Discuss the Future of Unmanned Aerial Vehicles at IDGA's Premiere UAV Summit IDGA Summit provides venue for exploring the future of this critical aspect of military operations
Published: Thursday, 13 Jan 2011 | 10:12 AM ET Text Size
NEW YORK, Jan 13, 2011 (BUSINESS WIRE) -- The Institute for Defense and Government Advancement (IDGA) announces the UAV Summit scheduled for April 11 -- 14, 2011 in the Washington DC area.

Members from every service, coast guard/border patrol, and acquisition will convene in the Washington DC Metro Area this April to discuss and evaluate the current and future state of UAV technology and development throughout the US Military.

IDGA's 7th Annual UAV Summit will deliver a comprehensive overview of new requirements, emerging policies, latest programs, and acquisition efforts for the UAV industry. Briefs will focus on supporting operations in the theater of war, new UAV challenges and developments being seen in the field, advanced perspective on Small Unmanned Aerial Vehicles (SUAVs), and optimizing ISR tactics and technology.

"We are honored to have the top UAV experts from every service, coast guard, border patrol, and acquisition speak at the event," said Program Director Nick Petti. "With recent developments like an additional $70 billion allocated over the next 5 years and the Air Force discussing moving exclusively to UAVs for 6th Generation Fighters-- UAVs are becoming a critical asset of the entire US Military. We have already received tremendous response from the community - I believe the caliber of our speaker roster speaks to that." The UAV Summit is comprised of a Pre-Summit workshop day, a comprehensive two day summit and a Post-Summit workshop day. The two day UAV Summit will feature topical sessions including UAV Payloads, UAVs in a homeland environment, and development in Naval Air Systems Command (NAVAIR) UAS Sense and Avoid (SAA) Development among others. The Pre-UAV Summit workshop Day on April 11, 2011 will focus on Small Unmanned Aircraft Systems. The Post-UAV Summit workshop day on April 14, 2011 will focus on Unmanned Aircraft Systems in National Airspace.
The UAV Summit speaker roster includes: Dyke D. Weatherington, SES, Unmanned Aircraft Systems Acquisition, Office of the Secretary of Defense Colonel James Gear, USAF Director, RPA Task Force Colonel Gregory Gonzalez, USA, Program Manager, UAS Captain Paul Siegrist, USN, Program Manager, Unmanned Vehicle Office Captain Jim Sommer, USCG, Deputy Director, UAS Joint Program Office, USCG & CBP Colonel Dean Bushey, USAF, Deputy Director, UAS Joint Center of Excellent, Joint Forces Command "In addition to an excellent summit, IDGA has really become a great resource for UAV content," Petti said. "Our partners have helped up develop a comprehensive online UAV Resource Library that includes the latest UAV articles from around the world, exclusive podcasts and more. In addition, visitors are encouraged to add their own articles and thoughts to the UAV Resource Center. It's created a fantastic UAV community." For more information on speaking, exhibiting or attending IDGA's UAV Summit, please visit http://www.UAVEvent.com or contact Erin Gilbert at [e-mail].

The Institute for Defense & Government Advancement (IDGA) is a non-partisan information-based organization dedicated to the promotion of innovative ideas in public service and defense. IDGA brings together communities comprised of military, government, vendors and academia for education, networking and advancing the communities in which it serves. For more information, please visit http://www.idga.org.

In addition to our live events, IDGA also offers an online community dedicated to providing defense industry professionals with breaking news, business opportunities, introductions, podcasts, webinars, and presentations from key industry leaders. Members of our online community are able to extend their live event experience and interact with the defense industry by leveraging the opportunity to network, share ideas, best practices and business solutions.

For more information, please visit http://www.idga.org.

SOURCE: Institute for Defense and Government Advancement (IDGA) CONTACT: IDGA Erin Gilbert, 212-885-2673 [e-mail] Copyright Business Wire 2011 -0- KEYWORD: United States

[P51-D]

Yep, ......what Mike said....

[SSKILLZ1]

The late reporting date can't be seen as a positive for the current quarter though. I personally don't think this quarter is going to be very good, so I've been selling out around the $1.40 level hoping to get back in sub 1.30's before the fireworks as you say begin. All is just my opinion, and I could be wrong though.

[Rawnoc]

What Mike said.

[MikeDDKing]

I'm very patient here. I think the March quarter is when the fireworks start but I'll be happy with a premature surprise.

[GWMAN]

Everything still understated and smooth here with this company?

[Rawnoc]

AML Communications Schedules Third Quarter FY 2011 Earnings Release and Conference Call

CAMARILLO, Calif., Jan 31, 2011 (BUSINESS WIRE) -- AML Communications, Inc.
(AMLJ), a designer, manufacturer and marketer of microelectronic assemblies for
the defense industry, will announce earnings results for its third quarter ended
December 31, 2010, before the market opens on Monday, February 14, 2011.
Following the release, AML Communications will host a conference call on Monday,
February 14, 2011, at 4:00 p.m. Eastern/1:00 p.m. Pacific Time to discuss the
company's financial results and business outlook. The conference call will be
conducted by Jacob Inbar, President and Chief Executive Officer.

The conference call dial-in number is [phone] for domestic participants
and [phone] for international participants. The Conference ID number is
41459185. A recording of the call will be available for playback through the
Company's website, http://www.amlj.com/ir.html, after 6:00 a.m. Pacific Time on
Tuesday, February 15, 2011.

About AML Communications

AML Communications is a designer, manufacturer, and marketer of microelectronic
assemblies for the defense industry. Its key customers include Raytheon, Lockheed
Martin, Northrop Grumman, L-3 Communications, BAE, and others. The Company's
extensive range of microwave products can be found in leading defense projects.
For more information, visit http://www.amlj.com.

Forward-Looking Statements

This press release contains forward-looking statements made in reliance upon the
safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include, but are not limited to, the Company's views
on future profitability, commercial revenues, market growth, capital
requirements, new product introductions, and are generally identified by words
such as ``thinks,'' ``anticipates,'' ``believes,'' ``estimates,'' ``expects,''
``intends,'' ``plans,'', "schedules", and similar words. Forward-looking
statements are not guarantees of future performance and are inherently subject to
uncertainties and other factors which could cause actual results to differ
materially from the forward-looking statements. These factors and uncertainties
include: reductions or cancellations in orders from new or existing customers;
success in the design of new products; the opportunity for future orders from
domestic and international customers including, in particular defense customers;
general economic conditions; the limited number of potential customers;
variability in gross margins on new products; inability to deliver products as
forecast; failure to acquire new customers; continued or new deterioration of
business and economic conditions in the wireless communications industry; and
intensely competitive industry conditions with increasing price competition. The
Company refers interested persons to its most recent Annual Report on Form 10-K
and its other SEC filings for a description of additional uncertainties and
factors that may affect forward-looking statements. Forward-looking statements
are based on information presently available to senior management, and the
Company has not assumed any duty to update its forward-looking statements.

SOURCE: AML Communications, Inc.

AML Communications, Inc.
Jacob Inbar
President and Chief Executive Officer
805-388-1345, Ext. 201


Copyright Business Wire 2011

[hogfan2]

Defense companies' profits beat Street view
.
Companies:Applied Signal Technology, Inc.L-3 Communications Holdings, InLockheed Martin Corporation ComTopics:Industrial Goods.Related Quotes
Symbol Price Change
APSG 37.94 +0.02

LLL 78.40 +1.05

LMT 79.10 +0.71

RTN 51.14 -0.46


On Thursday January 27, 2011, 4:48 pm EST
By Karen Jacobs and Kyle Peterson

ATLANTA/CHICAGO (Reuters) - Three big defense contractors beat Wall Street earnings expectations, aided by higher sales, and said cost-cutting would aid 2011 as military spending comes under pressure.

Industry leader Lockheed Martin (NYSE:LMT - News) forecast 2011 profit above analysts' estimates on Thursday, and L-3 Communications Holdings (NYSE:LLL - News) boosted its full-year outlook. Raytheon Co (NYSE:RTN - News) forecast higher earnings for the year.Defense contractors have been overshadowed by concern that earnings growth will be hard to achieve as governments eye spending cuts in a bid to reduce deficits. The sector saw steady increases following the September 11, 2001, attacks as U.S. defense spending ramped up.

Earlier this month, the U.S. Defense Department said it would cut $78 billion in spending over five years.

To cope, defense companies have reduced staff, put non-core divisions up for sale and are looking to acquire companies with niche technologies that are in demand.
The companies "are kind of between a rock and a hard place," said Morningstar analyst Anil Daka. "The Department of Defense is almost certainly going to squeeze the contractors to get more out of less."

KEEPING COSTS DOWN

Raytheon, which is planning to buy cybersecurity company Applied Signal Technology Inc (NasdaqGS:APSG - News), said its focus on cost controls would continue into 2011, and L-3 told a conference call that it would continue to study acquisition candidates and expects to shed non-core businesses.

Lockheed's finance chief said in an interview that divestitures and big acquisitions were not likely in his company's plans for this year.

Lockheed, which put two businesses up for sale last year, is working to fix problems with its F-35 Joint Strike Fighter, the Pentagon's costliest weapons program.

"We'll continue to seize opportunities to reduce costs, increase productivity and drive affordability throughout the company," Lockheed Chief Executive Robert Stevens told analysts on a conference call.

Shares of Lockheed rose 0.9 percent to close at $79.10, and L-3 gained 1.4 percent to $78.40. Raytheon fell 0.9 percent to $51.14. The S&P Aerospace index (^GSPAERO - News) gained 0.8 percent.

Lockheed, the world's biggest defense contractor, said quarterly profit from continuing operations came to $2.30 a share. Analysts expected $2.11. Sales rose about 5 percent to $12.79 billion.

Missile maker Raytheon reported fourth-quarter earnings, adjusted for one-time items, of $1.47 a share, well above analysts' average forecast of $1.16, according to Thomson Reuters I/B/E/S. Sales rose 3 percent to $6.89 billion.

L-3, which makes explosive-detection and aviation products, posted an 18 percent jump in quarterly profit. Net sales increased 1 percent to $4.3 billion. [

(Reporting by Karen Jacobs in Atlanta and Kyle Peterson in Chicago; Editing by Phil Berlowitz and Tim Dobbyn)





http://finance.yahoo.com/news/Defense-companies-profits-rb-1509652633.html?x=0&sec=topStories&pos=3&asset=&ccode=

[Rawnoc]

Great way to end the decade whoever it was you %@#$@$# lol

[MikeDDKing]

Someone dumped 8,900 shares starting at 12 seconds before the close. Talk about waiting until the last few seconds to sell prior to the close of the year.

I picked up a few of the shares but I wanted more.

[the big guy]

so what theories abound as to the reason for the uplift of the last few days? Are we expecting earnings soon or something? This company seems to jump on that.

[asues]

It was posted originally on my blog @ http://www.valueuncovered.com

I focus on undervalued micro-cap stocks and special situations such as merger arbitrage, liquidations, going private transactions, etc.

I usually check out these boards when doing research, but its often hard to wade through all of the misinformation, spam, and hype.

Definitely some gems though.

[MikeDDKing]

Nice SeekingAlpha article on AMLJ....

http://seekingalpha.com/article/239684-aml-communications-a-low-price-for-high-tech?source=yahoo

[asues]

Nevermind, found it. Was misreading the date
http://www.amlj.com/latest/FY11%20Q2%20earnings22330054.mp3

[asues]

Webcast for Q2 earnings call? Anyone have a link or available recording of the call?

I've searched around in IR and I can only find the Q1 call.

[Rawnoc]

South Korea is a customer of AMLJ......

I'm just sayin'

[Rawnoc]

What a long, fact-filled detailed shock-and-awe press release.

[MikeDDKing]

IMO this is the most important item in the investor presentation:

"Company in development on 8 prime defense contractor programs with opportunity for $14MM in incremental annual revenue for 3 – 5 years"

[MikeDDKing]

Here is a link to AMLJ's new investor presentation:

http://www.amlj.com/files/IR_Presentation_AML%20Communications.pdf

[MikeDDKing]

AML Communications Announces Its Investor Presentation is Available Through the Company’s Website
On Tuesday November 23, 2010, 9:00 am

CAMARILLO, Calif.--(BUSINESS WIRE)-- AML Communications, Inc. (OTCBB:AMLJ.ob - News), a designer, manufacturer and marketer of microelectronic assemblies for the defense industry, announced today the Company’s investor presentation has been uploaded to the Company’s website and is now ready for downloading through the website at http://www.amlj.com/ir.html.

About AML Communications

AML Communications is a designer, manufacturer, and marketer of microelectronic assemblies for the defense industry. Its key customers include Raytheon, Lockheed Martin, Northrop Grumman, L-3 Communications, BAE, and others. The Company’s extensive range of microwave products can be found in leading defense projects. For more information, visit www.amlj.com.

Forward-Looking Statements

This press release contains forward-looking statements made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, the Company’s views on future profitability, commercial revenues, market growth, capital requirements, new product introductions, and are generally identified by words such as ``thinks,’’ ``anticipates,’’ ``believes,’’ ``estimates,’’ ``expects,’’ ``intends,’’ ``plans,’’, “schedules”, and similar words. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. These factors and uncertainties include: reductions or cancellations in orders from new or existing customers; success in the design of new products; the opportunity for future orders from domestic and international customers including, in particular defense customers; general economic conditions; the limited number of potential customers; variability in gross margins on new products; inability to deliver products as forecast; failure to acquire new customers; continued or new deterioration of business and economic conditions in the wireless communications industry; and intensely competitive industry conditions with increasing price competition. The Company refers interested persons to its most recent Annual Report on Form 10-K and its other SEC filings for a description of additional uncertainties and factors that may affect forward-looking statements. Forward-looking statements are based on information presently available to senior management, and the Company has not assumed any duty to update its forward-looking statements.

Contact:

AML Communications, Inc.
Jacob Inbar
President and Chief Executive Officer
805-388-1345, Ext. 201

[btmfdr]

Thanks, it sounds like most of the benifits of the automation have already been realized and showed up in the numbers for those quarters.

What you said makes since. If they were getting 50 percent margins under the 2.2 million MALD order, you would think margins would get better with a five and a half million dollar order.

[MikeDDKing]

GM has ranged from 49.3-50.6% for quarters Q2'10 through Q1'11. prior to that the GM was around 41-42%. Over a year ago they implemented some automation that improved margins to the 50% range. However, there was a little bit of a GM hit this quarter (Q2'11) due to manufacturing activities to ramp two programs. That is not surprising because the first few manufacturing runs of a new product tend to be lower quantity and have higher costs as they implement and tweak the manufacturing process. I look at the GM this quarter as an anomaly and expect margins going forward to be closer to 50% and possibly higher. I think there is a good chance that margins improve beyond 50% because of operational efficiencies due to higher revenue and due to further manufacturing cost reductions. However, for now, I'll stick with my expectation of roughly 50% GM to be conservative.

[Rawnoc]

The automation is definitely higher margins. Lower margins probably happen when the employees are sitting around doing nothing on the manual stuff.