Merant - MRNT (formerly MIFGY) Message Board

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Technology Stocks : Merant - MRNT (formerly MIFGY)

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To: Ian Burton who wrote (167)	6/10/1998 1:34:00 PM
From: Corey Hawk	Read Replies (1) of 461

I know that there are allot of sell offs. Profit taking is popular and with all of the changes with management I seem to believe that "they" play a part in this. Personally, I just keep buying when it goes down and put in an limit order to sell and repeat the process. Pretty cyclical in the sense of the word. My major holding is from last summer at $11 and some change and I sold half my holdings at $58 because I felt there was a $60 ceiling. If you look back at their chart they have had resistance around the mid 40's. Minus the breakout around $55 higher. Like I have said before, I don't over analyze this company or for that matter any company. Basic principles haven't failed me yet. -C

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