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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST
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To: Doug B. who wrote (2211)11/23/1999 11:23:00 AM
From: Ron Kline  Read Replies (1) of 3661
 
Just to tell you that I've always been interested in MTSN for the fact that about 5 years ago a broker told me about the company. It was 10 and I bought it and it went up and up and I sold and made money on it. After doing so well I thought this was going to be the greatest company but never bought it back until I saw it starting to really go down. Later I bought at $15 and watched as it went to $7. I bought more at $7 and waited (it seemed forever) for it to go to $15 and sold and that's when everyone said I was stupid. So now I've bought back and I'm chicken to think MTSN is going to be a great longterm bet. As I said I will listen and check the next earnings. I also will compare it's return over AMAT in January. I've learned that no matter how much you think a company may be great the facts are in the profits, and investing in stocks should always have this focus. I didn't do that when I bought as it crashed to $15 and went to $7.
Just a side note I have a newsletter that ranks the highest analyst revision of earnings and MTSN is on the list. It says they have revised earnings up 20% in the last 3 months. Obviously a good sign MTSN is recovering and doing well for the future quarter.
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