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

To: Kurt T. who wrote (347)	12/18/1997 10:54:00 AM
From: ChrisJP	Read Replies (1) \| Respond to of 595

Kurt, Why single out MLOG ? I have a list of stock which have announced BTE earnings with growth rates higher than their P/E's. Look at CADE, SEEQ, RADAF, RECY, APCO, AXNT. These stock have done nothing but go down or stay level for 2 months. There's a phrase for what's going on here. Maybe you've heard it. It's called a "bear market". Don't despair, just lengthen your time horizon. Money is still pouring into 401K's. Buying has to resume 3 - 6 months from now after Wall Street is done anticipating the mild recession/slow down we are bound to have after 3 years of growth and from Asia's problems. Unless you have a problem with doubling your money in 6 months, I recommend you hold MLOG until buyers return to the market. Regards, Chris