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Technology Stocks : Micro Linear (MLIN)?
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To: Bernard Levy who wrote (1296)10/29/1997 12:16:00 PM
From: jhild  Read Replies (1) of 1675
 
I think the thing about MLIN is that they have already had earnings announcement, they are not as exposed overseas in the markets that have been ridden down, etc., (or at least that's my impression). So the momentum people are most likely out and value investors haven't been given many reasons to abandon faith if they are still holding after earnings. So while I hope that you are right, and I think that there are better prices ahead, it's resiliency may realistically be related to the notion that the potential bad news is out on the stock and that there is more upside than down at this point.

I am compelled to add that I do like your thought better than mine though.
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