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 (80)	11/12/1998 8:29:00 PM
From: Friend	Read Replies (1) of 110

Larry, Yes, I am still here.Am LT now at around 10.MRM will be releasing 3Q earning tomorrow Friday the 13.I don't like that at all.Oh well.Look for numbers to be bad. Reason-from 2Q press release- The Company entered the third quarter of 1998 with a backlog of $8.0 million, a decrease of $1.7 million or 18% from the same time last year. The majority of this differential is attributable to delays in certain new satellite constellation programs, satellite manufacturers working down inventories, and the timing of certain non-satellite business. This trend in orders is not expected to be long-term. It is anticipated that for the remainder of 1998 many of the satellite programs that have been delayed may translate into orders. Hopefully the stock price reflects the bad Q all ready. With Multi-mix and other new products and hopefully a good forward looking CC the stock will rise.Good luck. Dave.

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