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Technology Stocks : Melita International (MELI)
MELI 2,301-0.3%Nov 5 3:59 PM EST

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To: M. Carver who wrote (76)7/15/1998 12:06:00 PM
From: pezz   of 203
 
Mark,I'm glad to hear that you got a positive spin from the shareholder meeting.I have heard that from other posts on this thread.That must have been at least a month into this qtr.I believe that management [in this sue happy culture] would be careful not to be too optimistic during a possible dissapointing qtr.[perhaps this is reaching a bit here] At any rate this report is VERY important for near term performance.Considering the somewhat cloud that this group is under right now, even coming in at expectaions would produce a positive reaction on the stock IMO.If of course we get a positive surprise of even a penny or two I think we would do quite well.A dissapointment of course would make us long term investors.
I notice management has in excess of 70% of the outstanding shares does any one know if their has been any insider selling since the last earnings report?
Pez
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