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Revision History For: Meade Instruments Corp MEAD

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MEAD ran up today (3/15/00) because of its OEM agreement with TeraBeam.

Here is the TeraBeam thread on SI:
Subject 33811

I believe MEAD, the stock, will take off like a rocket in the next few days because:

1) TeraBeam is a red-hot solution for the last mile; and

2) MEAD's float is so low. MEAD has only 8M shares outstanding, but the flow is only 3.4M. The market cap is only $370M.

This should be a great stock for day traders in the coming days/weeks/months.

MEAD's core business is doing very well, here are analysts EPS and growth rate estimates:

biz.yahoo.com

But the story is that MEAD is a TeraBeam play.

Enjoy the ride everyone.