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Firmer prices, reduced inventories, and improved product demand have allowed electronics industry stocks to rally in the 4th qtr of 1998, and the industry is expected to improve in 1999, as well. Cost cutting, global industry expansion, and inceasing electronic component usage in other products are positive trends for the industry. Investors will find several good selections in this sector, although the industry is only average in timeliness in 1999.

Many electronics industry companies have had good growth and are expected to continue to do so over the long-term period, but some companies, including personal computer manufacturers, may see a drop in new sales as consumer inventories grow. While a few company's stocks have dropped in Timeliness ratings in the last quarters, many other companies boast stocks that will offer above-average appreciation over a 3 to 5 year period.

Increasingly reciprocal trade between the US and the Far East is providing an exciting and rapidly growing market for the US electronics industry. Capital equipment is an area where US manufacturers have an advantage, and as Far Eastern factories become more involved in parts fabrication, they will need state-of-the-art equipment. Several US companies are actively involved in Far East ventures, including Harris Corp, California Microwave and Varian Corp, making them potentially sound investment choices.

The electronics industry's success will greatly depend on changes to the marketplace. Those companies producing products for nonmilitary markets are expected to outperform companies targeting military markets. Additionally, electronics companies that produce telecommunications equipment are believed to constitute the fastest growing segment of the industry. The fastest growing geographic markets are expected to be outside the US, such as in Europe. Other aspects of the industry are covered.

The electronics industry is expected to perform favorably through July 1995. Profits are expected to gain 40% in 1994, and sales are forecast to grow 20% during the same period. Investments in this industry have a high potential for significant gains, but stocks in this industry also have high risks. Companies in this industry include manufacturers of electrical, communications and security equipment. The electronics industry gained about 8.3% over broad market indexes since the last report on the industry.

The electronics industry is relatively volatile because rapidly changing technology creates short product cycles. Potential investors should therefore be cautious in selecting stocks. As a whole, the domestic industry should be boosted by growth in the distribution, communications, and automotive sectors. Operations in Japan and Europe will likely suffer until those economies turn around, as early as 1995.

It is expected that, with a few exceptions, 1994 will be another good year for companies in the electronics industry. Much of their recent fortunes have been dependent on the high demand for personal computers and peripherals, especially telecommunications devices and wireless technology. Investors need to examine individual issues to determine whether the companies in question have adapted to the marketplace by diversifying their product lines.

Earnings forecasts are positive for many companies within the electronics industry due to expectations of continuing demand. Manufacturers of communications, distribution and connector products have had strong earnings that are expected to continue. Investors are advised to be selective in their choice of electronics industry stock issues and pay attention to certain low Price Stability ratings. Earnings for this group are projected to grow 26% annually at least through 1996.

California Microwave will likely pass its 1991 revenues in 1992 because of the demand for its microwave communications technology. The company is financially strong and poised for certain growth.

California Microwave quarter ended Dec. 31, 1991 Revenue: $46.4 mil/$44.2 mil Net income (loss): $2.3 mil/$1.9 mil Income (loss) per share: [...]

California Microwave Inc. quarter ended Sept. 30, 1991 Sales: $48.72 mil/$35.65 mil Net income (loss): $2.25 mil/$1.49 mil Income (loss) per share: [...]

California Microwave Inc. quarter ended Sept. 30, 1991 Sales: $48.72 million/$35.65 million Net income (loss): $2.25 million/$1.49 million Income (loss) per share: [...]

California Microwave Inc. year ended June 30, 1991 Sales: $177.36 million/$145.85 million Net income (loss): $8 million/$6.64 million Income (loss) per share: [...]

California Microwave Inc. quarter March 31, 1991; Sales 1991/90: $46.33 million/$34.93 million; Net income (loss) 1991/90: $2.08 million/$1.59 million; Income (loss) per share 1991/90: [...]

Name: California Microwave Inc. Period: Year ended June 30 Net sales 1990/89: $145.9 million/$125.4 million Net Income (loss): $6.6 million/$5.1 million Income (loss) a share: [...]

California Microwave California Microwave, Sunnyvale, Calif., earned $6.64 million, or 80 cents a share, in the year ended June 30. Sales totaled $145.85 million. In the previous fiscal year, the [...]

California Microwave Inc. has reported earnings of 58 cents per share for the first nine months of its 1990 fiscal year. This year, the company expects to double its fiscal [...]

California Microwave Inc. announced record increases in net income and sales for the first half of the company's fiscal year at Dec. 31. Net income was $3.3 million, or 39 [...]