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

To: M. Carver who wrote (78)	7/22/1998 1:29:00 AM
From: pezz	Read Replies (1) \| Respond to of 203

Mark,Thanks for the info on the conference call I will listen . Yes This DAVX bulls--- is getting dam frustrating.It seems clear that DAVX is the leader of the group [judging buy the volume and mutual fund partisapation]and as DAVX goes so goes the group.But when you think about it revenues and earnings are not that much different[When you take in that DAVX uses a tax loss carry over,34% is still not a full tax burden]If MELI continues to impress with earnings and revenues perhaps they may take over this leadership. On another subject It appears that from what I can tell management has not sold any stock since they went public.Considering that they own 76% of the stock and it had quite a run up a few months ago this must be considered a vote of confidence.I hate to have become an investor as opposed to a trader but I'll be dammed if I will take a loss in a stock with apparently such excellent fundamentals just because a compeditor is having a hard time PEZ