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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST
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To: Demosthenes who wrote (1937)10/5/1999 11:09:00 PM
From: Ian@SI  Read Replies (1) of 3661
 
Steve, D.,

I suspect that there are far too many people buying stocks because they believe, rightly or wrongly, that they will go up.

Another option is to buy very good companies with outstanding prospects then bide one's time while the market comes to the same conclusion.

Nothing has happened which changes my view of MTSN's fundamentals.

No, D., I won't do the handholding. I'd much rather see the TA types who have no conviction about the company's prospects just sell and move on to whatever opportunity they perceive as being better.

As anyone who's read the majority of my posts knows, I have little patience for those who whine about every downtick and cheer every uptick. (Though, I can tolerate the latter types much better. ;-))

FWIW,
Ian.
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