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Technology Stocks : Merant - MRNT (formerly MIFGY)

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To: fyi who wrote (288)11/30/1998 11:32:00 PM
From: randy  Read Replies (1) of 461
 
It won't open at $6 thats nuts. Plenty of value in Mifgy. Flat earnings new CEO to help turn it around. Positive cash flow. This should jump to $15-20 within a few days. You also need to factor in the shorters. If this is seen as positive news the squeeze will add $5- $10 bucks.This stock was at $20 bucks a month ago and $60 bucks 6 months ago. It has already anticipated about the worst possible news. I think it has bottomed out.
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