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Technology Stocks : Metrowerks (MTWK)
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To: gary who wrote (25)3/19/1996 2:06:00 PM
From: Fred J Bealle   of 158
 
Gary, if Art is interested in a stock, that fascinates me.
Ever since LX climbed so nicely. (Didnt buy---no substantive info on the
company,despite frantic efforts.)
But MWK is not promising. For one thing, it is not small cap; $15 times
10 million shares. Another thing--it is MacIntosh based, and Apple is a
fine name but heading for the cliff---nobody loves an orphan.
Finally, the response to great earnings notice was a drop in stock price.
(15.60 to 15.10 on March 10----the day before the press release.) What the
heck, this means at least some insider trading.
So this stock has no room for terrific gains.
Maybe the best strategy for it is to watch Apple; I bet the stocks track together.
IMHO
Fred
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