Merrimac (MRM) anyone else follow 'em 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 : Merrimac (MRM) anyone else follow 'em

MRM 1.760

+0.6%

Jan 15 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Matt who wrote (20)	7/8/1997 8:25:00 PM
From: Liatris Spicata	of 110

Matt- Good to hear from you. Remember what Andrew Grove said about the paranoid! Anyway, MRM day's of being invisible may be drawing to a close. Today's announcement of Q2 sales being up 27% to $4.99 M and backlog up 45% to $9.7 M as compared with Q2 1996 is on track with what management says they would be doing. MRM even got a mention tonight on NBR as one of the day's best gainers on the AMEX (up $.375 to 13 3/4 on 22,000 shares). This is heavy trading for a company that frequently trades 100's of shares and trades not at all some days. I'm not expecting earnings to keep pace, however, as they are trying to ramp up the Costa Rica facility by a factor of six as well as investing some money in the N.J. facility. biz.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next