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Technology Stocks : Melita International (MELI)
MELI 2,291-0.8%12:36 PM EST

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To: pezz who wrote (145)10/23/1998 12:32:00 PM
From: M. Carver  Read Replies (2) of 203
 
Pezz,

Thanks for the note. I am very upset today. Not at Melita or their chairman (they did GREAT for Q3!), but at the reaction from the analysts.

It seems so short-sighted for one of the analysts to move MELI from buy to market perform based on the departure of a President who was there for 29 days and did not even impact the quarter.

The good news is that brighter people will realize that the position of President for Melita is obviously not required in order for this company to keep putting up superior results quarter after quarter.

This is a big time buying opportunity today!

Mark
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