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Technology Stocks : Microdyne (MCDY)
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To: George who wrote (145)4/12/1997 1:47:00 PM
From: Michael Ray   of 414
 
I believe there will be some downward pressure on MCDY once the quarterly figures are released (BIG rightoffs for Networking division, it didn't look like they had a lot of Telemetry contracts last quarter and MCDY didn't move at all when Mr. Cunnigham annouced there would probably be a $2.00 loss per share). FYI I am not shorting, I sold at $6 and am waiting for a price drop to buy.
Good luck to the long haulers,
Michael
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