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Spectrian Corp

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BUSINESS
March 10, 1998 | Bloomberg News
Spectrian Corp. warned of lower-than-anticipated sales and said it expects a loss in its fiscal fourth quarter because of weak demand for its wireless-phone network equipment in the U.S. and Asia. Sunnyvale-based Spectrian also said it fired about 200 workers, or 25% of its work force, to cut costs. It expects to take a charge of $500,000 for severance and other costs associated with the job cuts.
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BUSINESS
May 21, 2002 | Bloomberg News
Remec Inc., a maker of wireless communications equipment, agreed to buy Spectrian Corp. for about $160 million in cash and stock to expand its offering of power amplifiers. Remec said it will pay the equivalent of $14 a share for Sunnyvale, Calif.-based Spectrian, a 29% premium to its closing price of $10.85 on Friday. News of the deal sent the shares surging $2.50, or 23%, to $13.35 on Nasdaq.
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BUSINESS
May 21, 2002 | Bloomberg News
Remec Inc., a maker of wireless communications equipment, agreed to buy Spectrian Corp. for about $160 million in cash and stock to expand its offering of power amplifiers. Remec said it will pay the equivalent of $14 a share for Sunnyvale, Calif.-based Spectrian, a 29% premium to its closing price of $10.85 on Friday. News of the deal sent the shares surging $2.50, or 23%, to $13.35 on Nasdaq.
BUSINESS
March 10, 1998 | Bloomberg News
Spectrian Corp. warned of lower-than-anticipated sales and said it expects a loss in its fiscal fourth quarter because of weak demand for its wireless-phone network equipment in the U.S. and Asia. Sunnyvale-based Spectrian also said it fired about 200 workers, or 25% of its work force, to cut costs. It expects to take a charge of $500,000 for severance and other costs associated with the job cuts.
BUSINESS
January 23, 2001 | From Bloomberg News
Powerwave Technologies Inc.'s stock fell 16% Monday after an analyst said the Irvine maker of amplifiers for wireless-telephone networks faces increased competition and delays as the wireless industry shifts to newer products. The stock fell $7.31 a share to $39.75 in Nasdaq trading of 6.25 million shares, about three times the three-month daily average volume. The shares were cut to "hold" from "buy" by analyst Jeffrey Schlesinger of UBS Warburg.
BUSINESS
May 7, 1996
Although the future is always hard to predict, this list ranks companies by projected annualized earnings growth rate over the next 3 to 5 years. First Call Corp. gathers this data by surveying analysts. This list shows only companies that have at least five analysts tracking them. The figures represent a mean of opinion. (BEGIN TEXT OF INFOBOX / INFOGRAPHIC) Great Expectations Companies ranked by analysts' estimates of average annualized earnings growthover the next three to five years.
BUSINESS
May 13, 1997 | JOHN O'DELL, TIMES STAFF WRITER
Employees of a 15-year-old high-tech electronics firm in north Orange County have swapped a big chunk of their retirement funds for an ownership stake in the business. The 51 employees at American Microwave Technology Inc. beat out four competing corporate suitors to purchase their company in a cash transaction that was completed late last month. The purchase price isn't being disclosed, but is believed to be less than AMT's $6 million in annual revenue.
BUSINESS
April 25, 1995 | TOM PETRUNO, TIMES STAFF WRITER
The hottest new California stock issues of 1994 are mostly in the business of getting information from Point A to Point B--and moving it faster, easier and more cheaply. Companies involved in computer and telecommunications networking dominate the Times list of best-performing California IPOs, or initial public offerings, measured from their 1994 offering prices to market prices on April 13. At the top of the list: Ascend Communications, a 6-year-old Alameda-based firm that floated 2.
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