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Technology Stocks : Merrimac (MRM) anyone else follow 'em -- Ignore unavailable to you. Want to Upgrade?


To: Friend who wrote (70)2/25/1998 5:52:00 PM
From: Liatris Spicata  Read Replies (3) | Respond to of 110
 
Dave-
So what do these guys need to do to get the stock moving? Move to the NASDAQ? Stock traded as high as 14 5/8 today before closing at 13 3/4 for a paltry 3/8 gain. Repeat after me: "Patience is a virtue, patience is a ..."

There is a significant jump in the average number of shares diluted, which may temper enthusiasm for MRM (to 1,653,000 from 1,527,000 year ago). Note number basic shares increased only 71,000 from 1,502,000 to 1,573,000). Looks like some nice options for employees? Since they are authorized to buy up to 100,000 shares on the open market, I'm a little surprised at this increase.

Still, looks to me like MRM is still on track. Wish Warren Buffet would see it likewise.

Regards,

Larry

P.S. Don't worry about talkin' to yourself- as you get older you'll find yourself doing it (i.e. talking to yourself) more and more. I frequently find it's the only way to have an intelligent conversation!