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Strategies & Market Trends : The Amateur Traders Corner

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To: George Kirlin who wrote (5543)1/23/2001 1:42:04 PM
From: allen menglin chen   of 19633
 
George, MWAV guided higher for Q4 and Q1 2001
biz.yahoo.com
... said Joseph A. Turek, Chairman and Chief Executive Officer, ``We also expect this trend continuing through the first quarter of 2001 with revenues ranging between $20,000,000 and $25,000,000.''

Someone has to sell 6.5k today (5.6k left), and keep lowering the ask from 7 3/8 to 7 5/16. I'm waiting @ low 7 if the that seller wants to get out cheap today.

SANM has a great report last week. And LU had trouble last yr, and MWAV's biz is booming since early 2000.

MWAV P/E ~15 for 2000 earnings, and ~7 for 2001.

MWAV is a small cap, so no analyst coverage. And is building base in the low 7s to high 8s range.
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