Comtech Telecommunications Corp. (NASDAQ: CMTL), DGSE Companies Inc. (NASDAQ: DGSE) and Wavecom (NASDAQ: WVCM).

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  Comtech Telecommunications Corp. (NASDAQ: CMTL) , a provider of advanced   communication systems, announced on Thursday (5 July) that Comtech Mobile   Datacom Corporation, a provider of satellite-based packet data communication   systems and location and messaging services and the company's subsidiary, has   received orders totalling USD2.8m under its Movement Tracking System (MTS)   contract with the US Army. With these orders, total orders received to date   against the USD418.2m MTS contract have reportedly increased to USD398.7m. The   new orders are for the supply of various products and services including   Comtech's MT-2012 mobile satellite transceivers, ruggedised and control station   computers, technical support services and miscellaneous system components for   MTS, Army National Guard and Force XXI Battle Command Brigade and Below (FBCB2).
 
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  DGSE Companies   Inc. (NASDAQ: DGSE), a wholesaler, retailer and auctioneer of fine watches,   jewellery, diamonds and precious metals, announced on Thursday (5 July) that the   company has reached a definitive agreement to sell its corporate headquarters in   Dallas, Texas, US to the Texas Department of Transportation (TXDOT) for a cash   purchase price of USD1,299,990. The sale of the headquarters, which is expected   to close in the third quarter of 2007, is expected to result in a long-term   capital gain for the company. In addition the company announced that it has   entered into an agreement to purchase over three acres in Dallas, Texas for   USD3m. The new property includes showroom and office facilities totalling 17,962   square feet. The new location is expected to serve as the new headquarters of   the company. It will also serve as an Internet and IT centre, and includes a new   and modern showroom with customer parking for almost 200 vehicles and auction   facilities. The purchase of the new property is expected to close in the fourth   quarter of 2007. Under the agreement with TXDOT, DGSE will continue to occupy   its current facility until January 2008.
 
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  Wavecom (NASDAQ: WVCM) announced on 5 July an   offering of bonds convertible into and/or exchangeable for new or existing   shares of Wavecom due 1 January 2014. The bond offering is expected to total   EUR70m. It may be increased up to EUR80.5m in the event that the over-allotment   option is exercised in full, the company said. According to Wavecom, the bond   issue will allow the company to take advantage of favourable market conditions   in order to strengthen its financial situation. Wavecom will reportedly use the   proceeds of the offering for general corporate purposes, and to finance its   internal growth and external growth strategy through targeted acquisitions. In   addition the offering will also allow Wavecom to reinforce its shareholders'   equity in the event the bonds are converted into new shares.  
 
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