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Non-Tech : MORP - Moore Products

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To: Thomas J Engelsma who wrote ()1/14/1997 12:39:00 PM
From: Charlie Stone   of 27
 
MORP was discussed in the latest issue of Outstanding Investor Digest. The discussion is consistent with your premise that the shares are undervalued and underfollowed. Of course, this could continue indefinately.

Total market cap is about $60million based on about 2.6 million shares outstanding....

I know that at significantly higher prices, I'll kick myself, but a NASDAQ market maker spread of 1 to 1.5 points is robbery on a $25 stock. This is a local company (for me) and I may just call 'em up and complain.

Charlie

(I do not own MORP, but may soon.)
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