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Technology Stocks : Merrimac (MRM) anyone else follow 'em
MRM 1.975+3.8%3:57 PM EST

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To: FIFO_kid2 who wrote (57)12/5/1997 6:04:00 PM
From: Liatris Spicata  Read Replies (2) of 110
 
Jeffrey-
Grumble grumble. Do you, or does anyone have any insight into MRM's pathetic stock movement lately? I notice your VARL is down a bit too, but MRM has been hit worse: it closed at 12 3/4 today (I think), down 30% from it's summer high. Are the prospects for this industry worse than they were a few months ago? MRM is selling about 1.5X book. I'd like to buy more at this price, but I'm beginning to wonder if I'm missing something- or if someone knows something I don't. Anyway, I can't afford to buy more now, as I bought fairly heavily during the recent downturn, so don't look to me to boost Merrimac's stock!

Regards,

Larry
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