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Technology Stocks : Microdyne (MCDY)
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To: Ralph LaSardo who wrote (311)11/11/1997 9:27:00 PM
From: Dave Johnson  Read Replies (1) of 414
 
I have been on vacation and just got back and saw the .16c
in earnings! Holy cow they had only expected .12c.

If we multiply by 4 we have.48c which gives us a little over 15x earnings as a PE . From a $2.61 loss!
At the current growth rate I would expect to be at 1$ a share for the
year in the next 6 mos. This should easily propell the stock into
"orbit"!! I bought more today. I think this is a still very cheap
stock and has held up through the "crash"

Go Microdyne!
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