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Technology Stocks : Mecklermedia - Web Publisher soars higher.
MECK 0.00010000.0%Apr 10 5:00 PM EST

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To: mark polasky who wrote (143)8/4/1998 10:08:00 AM
From: AJ Berger  Read Replies (1) of 159
 
Earnings Out -.20 loss as expected

this transitional quarter between magazines to trade shows
looks ontrack as publication revenue decreased and web site
plus trade show revenue increased. if you look at the numbers
it's pretty clear that the new direction the company is going
is bigger and more profitable. But with only 2 analysts on
this stock, it may still take another quarter for the street
to be convinced enough to put in the big bucks. the problem
there is by the fall, the market will probably be in the toilet
along with the entire internet sector. so whatever investments
you make in MECK at this point, should remain defensive. I
expect this stock to stay stuck in the current trading range.
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