Microlog(MLOG): Ready to Move?! Message Board

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Technology Stocks : Microlog(MLOG): Ready to Move?!

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To: BARRY ALLEN who wrote (307)	11/14/1997 12:12:00 PM
From: ChrisJP	Read Replies (1) of 595

Hi Barry, Yes the P/E is a little misleading, since MLOG does not currently have the kind of backlog to give them a P/E equal to their growth rate. However, unless there's some kind of earnings debacle coming, all that's happening is people are selling. They're not just selling MLOG, they're selling ALMOST EVERYTHING ! At this point, even if MLOG does announce great earnings, I'm beginning to doubt the stock will act accordingly. Maybe it'll go back up to 8. Welcome to the bear market ! Chris

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