Melita International (MELI) Message Board

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Technology Stocks : Melita International (MELI)

MELI 2,153

-6.4%

11:18 AM EST

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To: tony 890 who wrote (33)	4/2/1998 10:22:00 PM
From: pezz	Read Replies (2) of 203

To all, I bought a good chunk of this one about a week ago ,thought it was extended but the longer I waited for a pullback the more it went up so I took the plunge at about 18 7/8. Been watching it on the tape for a while; lots and lots of blks 10,000shs and above in the last few days.Wed 202000 traded at 18 1/4 then the follow at 18 3/8.I really liked the way it recovered from that 1 day sell off ,says that there are buyers out there that want in .I notice that funds own 45% of the float and that 4 out of 4 analysts following this stock rate it a strong buy[of course what do they know] the good news about that is that funds ,with their huge buying power listen to that sort of thing.Well hope we all make a bundle on this one. pez

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