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Technology Stocks : Microdyne (MCDY) -- Ignore unavailable to you. Want to Upgrade?

To: Ralph LaSardo who wrote (298)	11/1/1997 4:40:00 PM
From: Ralph LaSardo	Respond to of 414

Mcdy made it up to 8 1/16 on 400k shares, before dropping to a little under 8 at the close. I believe the good earnings can take us a little higher, maybe to 9. We will need some significant sales or customer announcement to see a significant jump in stock value. I am not sure how to view the announcement that the company plans to expand through aquisitions. If a company purchase is accreditve to earnings it will be good. Funding through debt or stock may not be. Anyone have thoughts on this? or prospective canditates for purchase?