Jonathan, I think that a very important point that everyone is missing is this: THE MYRIAD ACQUISITION ALONE WILL GIVE A POSITIVE EPS OF .06 CENTS A SHARE, +/- a few cents. Plus, their business model, which as Brad has relayed, to consolidate efforts within their divisions and to reduce costs, while concentrating on higher margin areas, and implementing their IT initiative through their hopefully soon to be acquisition in CA is extremely promising IMO, and the numbers they have for '97 will be exceeded in '98. By the way, I have posted at least a few times in the past about the above points, and was pleasantly surprised to see my hunches verified by Brad's meeting with Ira.
Also, it is at least interesting to see how the current activity, with such low volume, has been sneaking around the upward resistance, and then falling back within the channel. Granted, the spread is a serious factor at times, but I am hoping that Monday's news will lead to a break out of current ranges. Jin. |
