Mattson Technology Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Mattson Technology

MTSN 3.600

0.0%

May 12 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Philip W. Dunton, Jr who wrote (1871)	9/27/1999 11:10:00 AM
From: Ian@SI	of 3661

Phil, 1. I agree that my earlier response was unfairly harsh and unwarranted. 2. TA is not what got me into MTSN. It isn't what's keeping me in, and it won't be what causes me to sell. You and other TA practitioners are completely free to post whatever you wish on this and any other thread. My approval or lack thereof is absolutely irrelevant. 3. Implying that you personally might be an amateur is also unfair and incorrect. 4. MTSN is still a microcap. As John pointed out, it will be inherently more volatile than a large cap that has a cumulative trading $ volume exceeding MTSN's market cap by a factor of 10 or more. Doesn't Beta enter into TA at all? 5. The inner workings of MTSN's business are similar to any other like size corporation. The CEO with the board is responsible for the development and oversight of successful implementation of the company's strategy; Marketing and Sales gathers intelligence from customers and other sources which is fed to R&D; R&D working with Operations develops products which can be manufactured and sold to customers. ... My point is that the staff within a company can focus on doing a great job of providing products that most effectively meet customer requirements. ... or they can ignore the customers and focus on maintaining the stock's price. We saw what happened to CD and HOT. I'm very happy that MTSN, and several other equipment companies, are focused on meeting customer needs. MTSN now has sufficient Wall Street coverage that one can easily keep track of what the analysts are saying if you're into that sort of thing. Focusing on the stock price, IMO, just isn't a high priority item for a microcap. Nor can they realistically afford to have a large IR staff dedicated to instantaneous communications with their shareowners. e.g. - A staff of 10 would take somewhere between 5¢ and 7¢ per share right off the bottom line. These guys are not producing a single nickle of revenue nor would they add any value to any customer product or service. I'd really hate to see several wellmeaning, but misguided investors distract management from getting the job done that we all want. Further, I'm 100% convinced that I can't time MTSN or any other stock. I will be in MTSN as it succeeds. Ian.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next