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Post# of 173851
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2morrowsGains

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2morrowsGains

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Sunday, 01/23/2005 7:51:23 PM

Sunday, January 23, 2005 7:51:23 PM

Post# of 173851
COMT...Last week, Comtech Group announced a deal w/ Broadcom. They also just did a 1 for 2 reverse split to raise the Company's share price above $5, to gain compliance with Nasdaq's listing requirements. Earned $0.06 a share last Q (post split) on 17.8M in sales. This is from the COMT/Broadcom PR...
"The new partnership with Broadcom has already helped Comtech secure a purchase order from Lenovo Group Limited, which acquired IBM's personal computing division in December 2004. Specifically, Comtech will provide Lenovo with an Ethernet solution that incorporates Broadcom's chipsets."
Looks interesting.
Here's their last Q's filings...
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001144204%2D04%2D018924%2Etxt&FilePath...

Share price $5.75



The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.

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