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Technology Stocks : Microlog(MLOG): Ready to Move?! -- Ignore unavailable to you. Want to Upgrade?

To: Charles Harris who wrote (247)10/23/1997 8:25:00 PM
From: ChrisJP  Respond to of 595
 
Charles,

I'm still in. In fact I bought 400 more today at 7 1/4. Doug posted his thoughts regarding MLOG today on the "56" thread. He still thinks it's heading for 12 by year end. I'm a little more conservative with an outlook of 9 - 10 in the next 4 weeks. IMO it may take until Jan or Feb 98 for MLOG to reach 12. Either way it'll be higher soon and is a good investment under 7 1/2.

Don't think that a P/E of 12 is such a bargain. As I've indicated on this thread before, a P/E of 15 is fair value for MLOG until it demonstrates its business can sustain a larger and more consistent backlog.

Regards,
Chris



To: Charles Harris who wrote (247)10/23/1997 10:47:00 PM
From: Sergio H  Respond to of 595
 
Charles, look in the main 56 thread. Earlier today Doug mentioned the buying opportunity on MLOG.

Sergio



To: Charles Harris who wrote (247)10/23/1997 10:51:00 PM
From: Steve Smith  Read Replies (1) | Respond to of 595
 
Charles,

I bought on the dip at 7 1/2 this week. MLOG is a steal in the 7s. This may be the last chance it will be in the 7s again.

Here is the link Sergio was talking about:

techstocks.com

steve


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