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

To: M. Carver who wrote (84)	7/24/1998 9:36:00 PM
From: pezz	Read Replies (1) \| Respond to of 203

Well,Mark I agree with everything you said but I am stunned buy today's action. Here we have a stock with a depressed price because of earnings fears, they come out with a positive surprise and the price goes down? I am wondering what the hell the people selling today were thinking when they bought the stock? IF the company does better than we expect,we can sell the stock for a loss ? Where are those who drove this stock to 17 several weeks ago? Those who were buying at 19 several months ago?They liked the company better when they were forced to pay 40 to 50% more than today, when the company is doing better than they thought it would be?Beats the hell out of me.Call me a fool but I think that a company that keeps coming out with sharply rising eps and revenues will sooner or later see the price of it's stock rise.I just hope it's in my lifetime, pez