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Technology Stocks : Microdyne (MCDY)
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To: Dave Johnson who wrote (228)7/12/1997 10:17:00 PM
From: Lee Kennedy   of 414
 
I agree with your assessment that it is pretty much uphill from here.
AFTER, we get past this earnings release. Do you have any idea how
much of a loss it will be? First Call and WSRN don't have estimates
for this quarter. Zacks is still showing +.11 which was the same before
Microdyne announced they were dropping the networking division and taking
a writeoff. From Microdyne's numbers in the news release, I figured they
might be taking as much as a .50 loss.
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