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Technology Stocks : Merrimac (MRM) anyone else follow 'em
MRM 1.760+0.6%Jan 15 3:59 PM EST

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To: Judy who wrote (16)6/25/1997 7:51:00 PM
From: Liatris Spicata   of 110
 
Judy-
Thanks for the info. One thing- among many, I fear- that I do not do well with my investing is having a good exit plan. I have MRM in my "long term" portfolio, and intend to keep them there as long as I think their business plan as enunciated in the TWST interview looks like it is holding up. I would expect to see a growing revenue stream over the next few quarters, although earnings may not keep pace. I'll drop the stock if I think management is blowing smoke. I could easily see MRM doubling in the next year. It has been interesting to watch this slow but steady increase in the stock price in recent weeks (up ca. 20%) with little in the way of backtracking. I wonder how much of the buying is the company's own stock repurchase plan, but I think much of it is from individual investors, as much of the buying is coming in lots of 500 or fewer shares.

Regards,

Larry
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