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Technology Stocks : Meade Instruments Corp MEAD

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To: asner who wrote (172)1/23/2001 4:37:25 PM
From: Coyote99  Read Replies (1) of 175
 
Sorry. Brainlock. I meant Terabeam and was thinking Transmeta at the time, which is altogether different and not related to Mead business.

I have a scope, too (and stock, again).

Again, I don't see what is driving the stock up right now, given the economy. I don't see Mead as a typical retail stock, for example. Many of their products I would consider luxury items. And I believe that they say that 3rd quarter is typically their strong one for Christmas, not 4th (because of stocking by distributors and sellers). Since they already warned and the quarters ahead aren't the hottest, I assume any action is because of Terabeam speculation or something else.

They have been pretty careful to not tout Terabeam, thankfully -- I really appreciate their conservatism, but do hope it comes to fruition for both companies (and us!).

Sorry for the confusion. It's just my typical state of mind these days :).
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