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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (24775)	4/7/1999 1:11:00 PM
From: Junkyardawg	Read Replies (2) \| Respond to of 90042

Did you look at the internet site that MI ownes? enen.com I wanted your opinion on it. They have had it for 4 years and it makes money. I will not try to explain it just look at it when you have the time. The rumor is that MI is going to spin this enen.com off on a IPO. That is the big question. If they do this the stock will go crazy. I bought it. I really like what I saw. The downside that I see is that it is so heavily owned by institutions that it is thinly traded. The up side is we could be in at the start of an internet company that will be huge. Lamar

To: Tim Luke who wrote (24775)	4/7/1999 1:12:00 PM
From: Junkyardawg	Read Replies (1) \| Respond to of 90042

DD: MY Gawd look how much of this stock is owned by institutions. Ticker: MI 52-Week Low $13.00 Recent Price $13.50 52-Week High $34.813 Business Summary MI distributes industrial electronic components and production supplies. MI also provides services, such as inventory management, kitting, programming of programmable logic devices and testing services. For the six months ended 11/98, net sales rose 33% to $896.3 million. Net income before extraordinary item fell 29% to $13.3 million. Revenues reflect the acq. of Sterling. Net income was offset by increased interest expense and higher S/G/A expenses due to salary adjustments. Recent Earnings Announcement For the 3 months ended 02/28/1999, revenues were 393,164; after tax earnings were 2,705. (preliminary; reported in thousands of dollars) Market Capitalization $224.3M Shares Outstanding 16.6M Float 9.80M Book Value (mrq) $24.94 Earnings (ttm) $1.36 Shares Short as of Mar 8, 1999 55.0K Long-Term Debt/Equity (mrq) 0.47 Total Cash (mrq) $1.92M 3-Mth Ave Vol: 74 k 10-Day Ave Vol: 141 k Inst Own: 91.5 % Insider Own: 41.0 % Number of Brokers Recommending (04/05/99) Strong Buy 0 Moderate Buy 1 Hold 1 Moderate Sell 0 Strong Sell 0 Current Average Recommendation (1.0=Str. Buy, 5.0=Str. Sell) 2.5 Last Week's Average Recommendation 3.0 Change in Average Recommendation 0.5 News: biz.yahoo.com Insider from Yahoo biz.yahoo.com