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Technology Stocks : Melita International (MELI)
MELI 2,287-0.9%9:47 AM EST

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To: M. Carver who wrote (129)10/8/1998 12:08:00 PM
From: pezz  Read Replies (1) of 203
 
Mark , Again I think these earnings will tell the tail about what meli will do after this market debacle is over.Judging from what is happening with even good earnings I don't expect to much even if they are very good. Only later when reason prevails will we see any positive results in the stocks price.Patience is the key here even if it takes a year.Hey, if the stock is 20 a year from now that surely isn't to long to wait.You know It wasn't to long ago that every time the economy showed signs of a slow down the market would go up ,lower interest rates and all that.Now a slow down is thought to be the end of the world.I believe that is just an excuse.The market was badly extended and it only needed any excuse to get hit.When you think about it all this was way over do.
pez
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