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Technology Stocks : Micro Linear (MLIN)?

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To: WalleyB who wrote (1395)1/23/1998 8:28:00 PM
From: voyager.ed  Read Replies (1) of 1675
 
Jim,

Far be it from me to saw off your limb. I didn't think I was on a limb when I said maybe we'd see a nice pop today. Maybe all that buying was traders that ran it up and ran away. I was as surprised today by MLIN as I was yesterday with TFS - very good earnings on Wednesday, with 3rd straight quarter beating the street estimate and the stock dropped 1 1/2. Made a little back today, but I can't figure this all out. If you miss earnings you get slaughtered and if you make earnings and say anything you get slaughtered. Gross margins and turns business are the only things I can think of, but someone should cut these guys a little slack - at least give them a day or 2 to bask in the sun.

regards,

Ed
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