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

To: Lee Kennedy who wrote (302)	11/4/1997 9:47:00 PM
From: John T. Hardee	Respond to of 414

Lee,, I take the Zack rateing on some stock with a grain of sale.The Sell should be a Hold.. I ha ve seen this mistake many times.. I own enough, so I am holding

To: Lee Kennedy who wrote (302)	11/4/1997 11:04:00 PM
From: Ralph LaSardo	Read Replies (1) \| Respond to of 414

Lee, you are right, I misinterpreted the scale just assumed the lower number was worse. Thanks for pointing this out, now at least it makes sense. Let me see if I got this right, earnings improve Zacks rating improves; Earnings get better more people buy the stock; more people buy the stock the higher the price; the higher the price the richer we get; the richer we get etc. etc . I think John makes a good point about Zacks rating, especially with only 2 brokers following the stock, I think it is not very reliable. And that may be good for us. That is the point that the recent Forbes article made; MCDY is not followed by analyst and upside earnings surprises will move the stock in a serious way. It seems to me that the company still needs to do more to impress Wall St. to attract the $. I think they did an excellent job holding down expenses, but they need to increase their profit margin and avoid going into too much debt buying businesses. Short term positive news release will help move the stock, but I think we will need another quarter of increasing revenue and earnings to get into double digits. My opinion.