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Technology Stocks : Melita International (MELI)
MELI 2,329+0.6%12:43 PM EST

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To: Nikita who wrote (164)1/5/1999 12:34:00 AM
From: M. Carver  Read Replies (1) of 203
 
Nikita,

Check out the previous post from pezz (good update from the company). From pezz's note, the company seems unconcerned (a good sign). The comment that they were even considering a "pre-release" everything is OK statement is strong in itself.

My best guess is this is nothing more than some healthy profit taking after the stock has doubled over the past few months -- perhaps some people just itching to take gains once the new year kicked in.

I am going to watch closely.

Mark
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