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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Rsg who wrote (11049)	1/21/1998 9:58:00 PM
From: ChrisJP	Read Replies (1) \| Respond to of 79658

Hi Rick, Believe it or not, I picked up MLOG in August first at 5 3/8 and then at 5 3/4 and DID NOT SELL when it hit 9 !!! We all make mistakes in hindsight. I bought more recently when it traded at 5. (again I bought at 5 3/8). I also own some in the 6's MLOG is doing fine. IMO they should be trading at 9 or higher but do not have the profile or appeal that attracts buyers. Their plan is on target both in terms of diversification and growth. They will announce their earnings for their 1st quarter (Nov,Dec,Jan) in mid-Feb. They should be publicizing some of their business this month. Hopefully this will heighten awareness for their stock. More info is on the MLOG thread. It is obviously not a day trade, but it is a good buy and hold. I say 100% gain by August. Their chart is in the early stages of a turnaround. Regards, Chris