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Technology Stocks : Microlog(MLOG): Ready to Move?!

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To: Zeev Hed who wrote (266)10/30/1997 11:24:00 PM
From: Steve Smith   of 595
 
Zeev,

This week has tried my patience many times. MLOG has held its own. Doug's TA says that earnings will be good, but like you said, it all depends on market conditions. If people don't panic and sell when the MMs take the price down, MLOG should be ok.

I've noticed the MMs like to fake weak holders out by spreading out the bid/ask. Patience is key.

People who want to see 12 in December should buy more on the dips, NOT sell out of fear and panic.

steve
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