Merrimac (MRM) anyone else follow 'em Message Board

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

MRM 1.903

-5.1%

Dec 31 3:59 PM EST

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To: Liatris Spicata who wrote (63)	12/22/1997 9:51:00 PM
From: Friend	Read Replies (1) of 110

Larry, Received a response from my email to Mr.Condon(CFO).In summary: Many of the smaller capitalization technology companies Merrimac is grouped with are suffering from year-end portfolio adjustments or tax selling. During the late summer, momentum buyers drove prices up and paid $18 to $19 per share. After the "Asian Flu" and the Russell 2000 index softness, the group as a whole came under selling pressure. There have not been any material changes in fundamentals and the decline in stock price is not indicative of our solid operations performance. Glad to hear this! Merry Christmas and Happy New Year. Dave.

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