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Technology Stocks : Microdyne (MCDY)

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To: Dave Johnson who wrote (233)7/17/1997 5:56:00 PM
From: Jack Be Quick   of 414
 
Yeah, it could happen, and the news will be delivered by flying pigs!
Will the new guy let us down? Well, let's see. As I recall last quarter's writeoff announcement, the new guy said that we we're biting the bullet hard, putting all the nastiness behind us, returning to solid profitability as far as the eye could see, and the only challenge ahead was how the Microdyne corporate brain trust was going to use the $1.50 free cash flow coming in over the next year. My suggestion, Microdyne should use the "free cash flow" from the last writeoff, and the "free cash flow" we should realize from this qtr.'s writeoff, and buy a feedlot for the pigs. Watch out for flying baloney <g>!

Good luck to all,
John
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