Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Melita International (MELI) -- Ignore unavailable to you. Want to Upgrade?

To: pezz who wrote (75)	7/14/1998 10:50:00 PM
From: M. Carver	Read Replies (1) \| Respond to of 203

Pezz, I believe the Q2 Earnings are due out on July 23rd. I will check in with the company and find out if that date has changed. I agree with some of the earlier postings (namely, that the recent minor pullback creates another buying opportunity for MELI). I was one of just a handful of shareholders at their first shareholders meeting a couple of months ago; I was very impressed. We have to keep in mind that this company has only been "public" for a little more than a year. They are still establishing a track record for themselves with analysts (a very positive one). I think as their performance and story reaches more analysts, we will see the stock price move upward from last year's IPO price of $12. Mark

To: pezz who wrote (75)	7/21/1998 11:42:00 PM
From: M. Carver	Read Replies (1) \| Respond to of 203

Pezz, Confirmation of the Q2 earnings announcement is: July 23rd, after the market closes. The analysts conference call is set for 5:15 pm. The conference call REPLAY will available for shareholders to listen to from 7/24 through 7/27 I believe. The phone number for the REPLAY will be (402)-220-4019. I found an interesting quote from the Davox CEO today (their Q2 was released this am and the stock dropped 4 points today). He cited three reasons to explain their Q2 performance. The first two were company specific to Davox. The third was "and a slowdown in the buying pattern of the telemarketing industry" (go review the DAVX thread for more details). We Melita shareholders have heard this song sung before! I believe DAVX made a similar statement during their Q1 earnings announcement back in April (that they were experiencing an industry slowdown). Even though Melita EXCEEDED EXPECTATIONS in Q1, I think we were unfairly judged as guilty by industry association with DAVX. In fact, during the Q1 conference call, MELI management made it very clear that they were not experiencing any industry slowdown or significant pricing pressures in their business model. Yet here we are again. DAVX releases their numbers a few days before MELI, Wall Street is clearly not happy with DAVX and the MELI stock loses a point today (3 days ahead of earnings) from a comment on "perceived" weakness in the sector by a competitor. Melita has only been public 1 1/2 years and has never disappointed WS. I think MELI will demonstrate their ability to execute their business plan and continue their positive track record of strong quarterly earnings. Hopefully WS will soon appreciate (and reward) MELI as the type of company that continues to execute rather than make excuses. Mark