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Technology Stocks : Microdyne (MCDY)
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To: Walter F. Rauch who wrote (394)11/12/1998 10:40:00 AM
From: John T. Hardee  Read Replies (1) of 414
 
I bought MCDY at $9.25, I think its undervalued. But thats nothing new, I always buy at the wrong time. I wonder, if this company can make it. A lot of these merging companies pick up debt along the way causing them to pay interest on debt = or greater than earnings.

MCDY is putting together some fine companies, I hope they trim all duplication, and cut back on OPTIONS given to CEO.
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