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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST

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To: James Calladine who wrote (2437)1/14/2000 10:14:00 PM
From: Ian@SI  Read Replies (1) of 3661
 
Jim,

Today's 1.8M shares took the 30 day average volume from 150,000 shares a day to 180,000 shares a day.

That's absolutely massive, even by John S's standards. <g>

Even if I got early assignment on all my outstanding PUTs, I wouldn't be much more than 1/6th that trade.

I suspect that some institution(s) was(were) buying today; and what you saw cross was an average price trade bought throughout the day on behalf of that Institution.

Perhaps someone in Fidelity has taken notice of us; or perhaps MTSN is about to attract more coverage from some of the larger brokers. If I remember correctly, the last analyst coverage came just after an earnings report.

Whatever, this promises to be a very satisfying year.

Ian.
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