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


To: Ralph LaSardo who wrote (329)12/17/1997 12:32:00 AM
From: Dave Johnson  Respond to of 414
 
MCDY does a lot of US Govt business and is not ASia sensitive. However, it is thinly traded and is caught in the "no news is bad news" phenomena.

I believe they are doing fine but there are no buyers around.
The ones that are around are low bidding the stock against each other.
If you want to buy a stock - you put in a limit order and who
knows someone might get nervous and you could get it for a song.

It IS very depressing to see the price go as low as 5 3/8 today!
I think 5 is the absolute bottom unless the company reports some
bad news - which I do not think is in the cards at all.

Remember they just turned a profit at .16 a share. C'mon Shareholders don't give up! Wait till early Jan for Earnings!!

Go MCDY