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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST
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To: Ian@SI who wrote (1529)7/23/1999 6:00:00 PM
From: John Stewart  Read Replies (3) of 3661
 
Ian;

No, it was not positive enough for me, if fact. I'm growing tired of costs growing as fast as sales. Growth at any expense is unacceptable to me. Tried to sell an initial block of 3K at 12 3/16 today, but just missed. Cleared my option positions. As noted on my earlier note, I had pretty well estimated sales for this Q and next but was blown away with the lack of controls on cost in this Q and going forward. So for me, all the "new" news was bad. We've just set an upper limit of 16 for the rest this year, IMHO. Sorry for the bearish tone, but frankly I'm quite disappointed.

Best Regards,
John Stewart
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