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To: Andrew Vance who wrote (14233)6/2/1998 4:51:00 PM
From: Justa Werkenstiff  Respond to of 17305
 
Andrew: Yes, you might as well watch for a low volume, no price movement pattern before buying. It re-tested its low today on pathetic volume. I decided to buy some today. I put in a limit order at $14.25 at one point today when the ask was $14 5/16 (all or none) and the mm gave it to me for $14 after looking at my order for 20 minutes. Someone has some to shovel.

It has a 2.2m float. Insiders own 48% with institutions accounting for about 25% at least before the recent pounding. It has a P/S of around .75 at $15 per share. With an estimated growth rate of about 25% and a forward P/E of about 11x reduced earnings estimates, it either will recover on its own or become part of the DY or MTZ stable.

Good Luck