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 : Merant - MRNT (formerly MIFGY) -- Ignore unavailable to you. Want to Upgrade?

To: Woz who wrote (266)	11/17/1998 3:49:00 PM
From: Woz	Read Replies (1) \| Respond to of 461

Earnings to be announced Dec 2

To: Woz who wrote (266)	11/18/1998 12:43:00 PM
From: Michael L. Busser	Read Replies (1) \| Respond to of 461

I believe the reason the stock did not move on such a positive transactions is two fold. First of all, it was probably a privately negotiated transaction between a buyer and seller. Secondly, and most importantly, I believe MIFGY is suffering from lack of confidence in management by the street. This happened to ISLI over a year ago before it broke out of its doldrums by delivering consistent and predictable earnings and growth. The takeover which was supposed to be accreditve to earnings is not happening and therefore, the street has no confidence in the management team or its ability to execute. Heck, I have no confidence in them either. We need new management.