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

To: TheRainmaker who wrote (87)	7/27/1998 7:00:00 PM
From: M. Carver	Read Replies (1) \| Respond to of 203

Tim, True, that these related companies tend to herd together and are only followed by a handful of analysts. In fact, the lack of volume and upward movement today just three days after the company beat estimates (again) is disappointing. Hopefully as the analysts reiterate their "strong buy" recommendations for the job that Melita is doing (and perhaps other analysts start to pick up on the message) we will see the stock receive its due recognition. In today's market environmnent (and with MELI's low stock price), you would think there would be strong interest by many analysts and fund managers to be a part of a well-managed and growing company that exceeds their numbers and avoids the Asian flu. The current stock price is unfortunate for Melita shareholders because MELI has clearly shown over the past year that is deserves to be treated as an industry leader, not just one of pack.