Michelex Corp (fka MLXO)

[zagdad]

speedmaster, not sure if you were looking for an example of a pinkie getting back to the OB status but a recent example for me has been ETLC. In the end it will be great for them, and opens up a proposed merger that could be real biggie for the ETLC longs, but the immediate reaction isn't always what you would expect but it is a great move and will be rewarded sooner or later.

I too am surprised that MLXO didn't do better today. Glad to hear some of you have the ear of the President and he listens for good advice - talked to him recently and liked the man and his mission but can also appreciate that the pps side of the equation is not his first priority and he looking at the long run business wise.

One point that we did discuss was whether there were long term contracts that might be PR'd and the answer was that in general that industry doesn't enjoy them much these days. The loss of a competitor should remind us that the Far East is a constant day to day agressive compeitor in the bidding for some of the type work Michelex offers. I hope we have the high automation necessary to win that battle.

Now can we get to a dime and then move on from there...please!

zagdad