Meade Instruments Corp MEAD Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Meade Instruments Corp MEAD

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Lee who wrote (30)	3/18/2000 2:28:00 PM
From: shamsaee	Read Replies (1) of 175

Thank you for your words of encouragement.It was probably an impulse buy and went against my previous buying habits.I just liked the financials and in comparison to their peer group the company is selling at discount.Unfortunately we have a lot of momentum investors and daytraders in it right now.I had a MM check out the reason of yesterdays price decline and he basically said that they were meaningless trades and no block trades.He liked the company and recommended,I stay with it.My take on this is that if their contract with terabeam is of even a 10-15 million dollar contract,it represents a huge increase in revenues and EPS.I also like the fact that they are outsourcing some of the manufacturing which in todays business is a must to be nimble and improve your margins.Still working on getting more info on the company and would appreciate your feedback if you have anything that might help.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next