Merrimac (MRM) anyone else follow 'em Message Board

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Technology Stocks : Merrimac (MRM) anyone else follow 'em

MRM 1.730

-1.1%

Jan 16 3:54 PM EST

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To: Matt who wrote ()	12/4/1996 5:59:00 PM
From: Liatris Spicata	of 110

Heard anything more about this company? Have you bought?? I've not seen anything more of signficance about them. How about you? I dug up a copy of the brief article in Individual Investor. It was the September '96 issue, and was part of an article entitled "Little Warriors" by one Alexander Haris. Harris mentioned that hourly labor costs would go from $50 an hour to $12 as a result of the move to Costa Rica. My impression is that Costa Rica is a hospitable place for U.S. manufacturers to set up shop. Also, they recently received ISO9000 certification. Haris noted that costs associated with the move to Costa Rica and gaining the ISO9000 certification would be a drain "in upcoming earnings releases" and quoted the president as saying "We're investing in the future. I'm not investing for 1996." They've also had unspecified manufacturing bottlenecks that should not be a recurring problem, according to the board chairman. Do you any sense of where they stand with respect to their competition? Have you read their 10K?

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