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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST
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To: Philip W. Dunton, Jr who wrote (1528)7/23/1999 2:13:00 PM
From: Ian@SI  Read Replies (2) of 3661
 
Wasn't yesterday's news and outlook positive enough? ;-)

My initial feeling was that there would be a post-earnings depression.

But then I reconsidered: MTSN's too small and too under-followed. It's unlikely to have attracted momentum players, so by end of day yesterday, I decided that a selloff was unlikely; that MTSN was most likely to just move on its fundamentals.

At the open this morning, that seemed to be the case.

Now, I'm less confident and couldn't say whether we've already seen the bottom, whether it will be 10, 7 or some other number pulled out of the ether.

Ian.
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