Aeroflex (ARX) Message Board

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Technology Stocks : Aeroflex (ARX)

ARX 12.03

-2.3%

Nov 6 3:59 PM EST

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To: MulhollandDrive who wrote (406)	3/16/1998 6:18:00 PM
From: Kerry Lee	Read Replies (1) of 586

Looking forward to you friend's analysis. My take is that ARX is being driven by forces greater than just improving fundamentals. It is possible that there is some news lurking around the corner but that is sheer speculation ( wishful thinking?) . I have observed that Wall St IPO's and Secondary public offerings are often followed soon by analysts pumping the stock as well as good news/press releases, eg, SEEK..I had also heard a rumor of another Wall St firm inititiating coverage BUT I have a hard time believing that rumor because the Secondary is limited to the 4 brokerages that everyone here is already aware of. I see no motivation behind even more analyst coverage in the near future without some underwriting fee carrot attached.

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