Mitek Systems (MITK) Message Board

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Technology Stocks : Mitek Systems (MITK)

MITK 9.140

-0.8%

Nov 3 9:30 AM EST

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To: Chris Forte who wrote (89)	9/16/1999 9:49:00 PM
From: GARY P GROBBEL	Read Replies (2) of 169

Chris...MITK was coming off a poor performing period when their numbers went south. In keeping up with following the company I noticed that things were seeming to come together. It started with some serious belt tightening and a re-focusing on their core business...and it took a while. Investors lost interest. As it became evident that they were on the verge of delivering improved products and performance there just wasn't a following left in the stock to notice it. So it took a while. But at top tick today it was up 300% from that 1.00 starting point. Once again patience and persistence paid off. Another company going thru the same process is MCTL. Nobody pays much attention to them anymore. I am and talked w/them again today. Things are shaping up...a little work left to do but at .25 cents per sh I'll wait<g>.

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