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Technology Stocks : Microlog(MLOG): Ready to Move?!
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To: Zeev Hed who wrote (261)10/30/1997 8:29:00 AM
From: ChrisJP  Read Replies (1) of 595
 
Hi Zeev,

As long as we're thinking wishfully, I have a LIST of stocks I wish I had sold on or before Oct 15. I agree with you assessment. More importantly is the probable change is buying sentiment. I believe buying will only occur at levels which are current bargains, not bargains when compared with a year from now. Since buying will stop at much lower price levels than just 1 month ago, this will induce selling. Hence the trading range you have suggested. My advise is to ignore what happens to thinly traded MLOG between now and mid-Nov. See how the stock acts as earnings approach. Then decide. To sell or hold. Notice I haven't mentioned anything about buying.

I am looking at CADE and SEEQ's to their earnings to try and anticipate whether good MLOG's will have a positive effect on it's stock price. I you have other examples of great earnings being ignored, let us know.

Regards,
Chris

What do you think of EXSO's earnings report ?

Regards,
Chris
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