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

To: M. Carver who wrote (171)	3/11/1999 10:49:00 PM
From: pezz	Read Replies (1) \| Respond to of 203

Well I'm sorry to say that I didn't get out in the low twenties So I could be getting back in now. I suspect that some are afraid of another rerun of what we saw last fall. I don't see it happening. I don't see a lot of selling here just no buying. This being the case I look for some of the buyers that were gobbling it up in the low twenties before the earnings came out to start coming in around here to average down. Glad to have you back in the fold. I congratulate you on your timing. I have often seen stocks break out of a double bottom on the down side just before a major up side move.Strange as this may seem the downside out of a double bottom often produces enough fear to shake out the last of the weak sisters.I check Time and Sales every day and it's amazing how almost all of the trades have been small lots mostly 200 to 800 shares with a few around two or three thousand.I think you will do well here. pez