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


To: pezz who wrote (83)7/24/1998 12:39:00 AM
From: M. Carver  Read Replies (1) | Respond to of 203
 
Was there any doubt? Another great job by the company for the quarter! Given the (disappointing) results of several other companies in the industry, I think it is becoming very clear who is THE industry leader.

I think what is even more impressive is the upward movement the stock made today in the face of a terrible day for the market and in advance of their earnings! With the Q2 earnings now official (announced after the market), another quarter of exceeding expectations and a positive conference call, what else can we ask for?

Probably strong buy reiterations and analysts raising their EPS for 1998 and 99! I think we have to remember that MELI is only one year old (as a public company) at an IPO price of $10. Now that the analysts can start connecting the dots from a few quarters in a row, a very nice and consistent pattern has emerged of a company that is hitting on all cylinders! Have a good day all !