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Technology Stocks : Merrimac (MRM) anyone else follow 'em
MRM 1.7500.0%Jan 16 9:30 AM EST
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To: Matt who wrote (8)6/12/1997 9:47:00 PM
From: Liatris Spicata   of 110
 
Matthew-
Looks like thee and me are the only folks on SI to have a position in MRM. Stock was weak today- it closed under 12 for the first time in a couple (?) of weeks.

As you may know, Merrimac's board approved a stock purchase of up to 100,000 shares late last year: the repurchased shares were to be used to dole out options. Do you suppose that is the source of the recent buying. Stock seems to move on very small buying (100's of shares).

Regards,

Larry
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