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Merix Corporation (MERX) [hlAlert]

Rating:
Buy MERX
down 69.67 %

Merix Corporation (MERX) rated Buy by Needham

Posted on: Thursday,  Jan 8, 2009  8:25 AM ET by Needham

Needham rated Buy Merix Corporation (NASDAQ: MERX) on 01/08/2009. Previously Needham rated Buy Merix Corporation (NASDAQ: MERX) on 07/17/2007., when
the stock price was $8.08. Since then, Merix Corporation has lost 69.68% as of 02/16/2011's recent price of $2.45.
If you would have followed the previous Needham's recommendation on MERX, you would have lost 69.67% of your investment in 1310 days.

Merix Corporation is a leading manufacturer of technologically advanced, multilayer, rigid printed circuit boards for use in sophisticated electronic equipment. Merix provides quick-turn prototype, pre-production and volume board production to its customers. Principal markets served by Merix include data communications and wireless telecommunications, automotive, high-end computing, and test and measurement end markets in the electronics industry.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2009 8:25 AM Buy
None
0.55
as of 12/31/2009
1 Week up  8.95 %
1 Month up  23.72 %
3 Months down  -27.24 %
1 YTD up  682.14 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/10/2008 8:25 AM Buy
None
2.75 4.50
7/17/2007 9:25 AM Buy
None
8.08 10.00

(*) Stock Price at the time of the recommendation.
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