	california microwave cmic takes rd qtr charge california microwave inc said it will take non recurring charges of mln dlrs to pre tax ings in the third quarter ended march the company said ings from operations in the second half ending june excluding the charges are expected to be in the break even range in the second half of net ings were dlrs or cts per share the company said the charges relate to its telecommunications products area and three other areas california microwave previously estimated the write downs in the six to eight mln dlr range it said it will add to that a reserve for investment losses in argo communications corp also to be included in the write down are charges against its advances to an arizona based communications electronics firm the company has an option to acquire it said in addition accruals are being made for costs associated with the company s reduction in its sunnyvale work force california microwave said the write downs should have a nominal cash impact as the company already has paid for the assets being written down reuter 
