TRIANGLE MICROWAVE &lt;TRMW> IN TALKS ON BUYOUT

  Triangle Microwave Inc said
  it is involved in talks on its possible purchase by a
  "substantial U.S. company" it did not identify.
      Triangle said no agreement has yet been reached and there
  can be no assurance that one will be reached. Any acquisitioon
  would be subject to approval by its shareholders and to
  regulatory filings, it said.
      Triangle Microwave makes microwave system components and
  had earnings for the first half ended January 31 of 1,055,000
  dlrs on sales of 7,292,000 dlrs, up from earnings of 763,000
  dlrs on sales of 6,034,000 dlrs a year before.
  

