Microdyne (MCDY) Message Board

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Technology Stocks : Microdyne (MCDY)

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To: Dave Johnson who wrote (378)	8/8/1998 4:04:00 PM
From: Albert Mou	of 414

Dave, See my analysis over WGNR. The fact is simply that MCDY is a cold stock. MCDY announced last quarter earning 14 cents with a bit bad news on one of division. My argument is that division contributed a lot less earning than the other division anyway. Plus, MCDY is going to double revenue for two acquisition it made. All acquisition will be accretive to the future earnings. Therefore, the small bad news in last quarter will be greatly diluted in the future. This stock may not bounce up right away. But if everyone invests on emotion instead of valuation judgement, i close my case.

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