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Technology Stocks : Melita International (MELI)
MELI 2,308-0.3%3:59 PM EST

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To: Nikita who wrote (160)12/28/1998 9:39:00 PM
From: M. Carver  Read Replies (1) of 203
 
Nikita,

Come join us on the DSTM thread (in particular, ask for a response from Dann Adams on the DSTM thread - he knows the company very well).

Both he and I have moved into the stock at the same time for several of the same reasons. We both also loved MELI's story and have seen our investment double over the past few months - we feel many of the same parallels are evident with DSTM. Key points include:

A. Strong management with the ability to execute their business strategy
B. Leadership Position and excellent growth opportunities
C. Low PE and undervalued within their industry
D. Victim of tax-loss selling (creating a buying opportunity)

I believe once they post (hopefully strong) Q4 numbers, it will be back to the races with DSTM (much like MELI). The stock tanked a while ago due to a failed secondary offering and analysts concerns of the changing revenue mix. Talking with the company before they went into their quiet period, I could only gleam good news, nothing negative.

Take care
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