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Technology Stocks : MTIC - Is this the next EMC?

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To: BostonView who wrote (3571)11/15/1999 10:06:00 PM
From: Starowl  Read Replies (1) of 3748
 
This most recent rise in MTI's stock price seems more orderly than the steeper rise back in late June to mid-July. At that time there was investor anticipation of stellar earnings, which did not materialize; and the stock price declined in shame.

Investors approached the most recent quarterly report with more caution and doubt and apparently were startled by news of a fairly decent quarter and a conference call full of promise. It is encouraging to see the price rise following the facts rather than before them.

I think we'll see the new high soon, if not tomorrow.

Starowl
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