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

To: Michael Donahue who wrote (190)	4/15/1999 11:05:00 PM
From: pezz	Read Replies (1) \| Respond to of 203

Michael, Yes I noticed that Davx has been looking better on some nice volume. I kinda hope that this is a sign that the industry is getting some positive recognition. I also notice that the small caps in general have been showing some signs of life. Could be that Davx[ which has been beaten down so much] is benefiting from that interest. As far as market share I have no way of knowing one way or another. But I don't think that the market action has demonstrated anything as of yet. I'm comfortable with MELI's action here. Seems like it is finally sold out with the exception of those who are sorry that they didn't get out earlier. I bought some more at 12 1/4 last week and some at 11 5/8 the other day. We had some good volume there for a while. Seems to be taking a rest here. Still this seems to be the way they come out of these things. Of course this ultimately depends on the fundamentals. So far those of MELI are on top [doesn't guarantee that they will in the future I know ] This stock will sink or swim with this report of that I am sure. I probably would have been smarter if I had waited for the report. The stock is so beaten down even if it got a good report and bounced it would still be at bargain prices.Hopefully there are others waiting for the report to buy. I figure that every day that goes by with out a warning the odds of at least meeting expectations rise.Perhaps that is what is driving DAVX as they have warned the last three reports and haven't warned for this quarter yet. pez