Melita International (MELI) Message Board

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Technology Stocks : Melita International (MELI)

MELI 2,298

-0.4%

2:15 PM EST

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To: M. Carver who wrote (149)	10/25/1998 10:09:00 AM
From: pezz	Read Replies (1) of 203

Mark, thanks for the update.Yes I agree this management team really can't be faulted in any way.As share holders we certainly have no complaint with them. To tell the truth the analysts be damned! I know that they can effect short term movement. But I have also noticed that many of these small caps have moved with out analyst support. After all the analyst have by and large been very kind to this stock all the way down starting at 19 to no avail. Although I am down a bundle here, I know that if the earnings keep rising the stock will eventually respond in a positive way.Normaly I am much more of a short term trader but some times patience is required.I learned this lesson the hard way at very large cost some years back. On another note if wall street ever figures out that the weakness in the earnings of davx and others may be in part do to meli gaining market share we may divorce our selves from their accursed influence. And /or if the the industry appears to be rebounding we will see meli as a leader in a strong group.Lots of "ifs" here I know but not really implausible pez

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