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

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To: Dale Knipschield who wrote (2644)2/11/2000 7:54:00 PM
From: Philip W. Dunton, Jr  Read Replies (1) of 3661
 
Knip, All the second tier semi equip stocks seem to be going through a very high level consolidation. While the pull back in MTSN hit my predicted target of 26-28, it didn't stay there very long. Action on MTSN is very similar to GSNX. SVGI and SFAM are exhibiting good relative strength too. All in all, things look good at the moment. I am wondering about UTEK, which is in the process of breaking out of a huge base on impressive volume, but is still way behind the rest of the gang. I wish Ian would come out of hiding so I could get his insight on UTEK. I suspect things are looking better for them. Just look at the chart.
askresearch.com
All the best, Phil
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