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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST
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To: Philip W. Dunton, Jr who wrote (2744)4/3/2000 6:54:00 PM
From: John Stewart  Read Replies (3) of 3661
 
As I try to keep anyone who is interested here on my moves, I have sold 60% of my holdings in Mattson over the past 2 days. The rest I have sold April and July covered calls on, so holding them for now. I expect the industry BTB to start falling from here, with 2H00 flat with 1H00. Mattson should do better that this in bookings, but will likely fall with the sector. Look's to me like the famed tech correction has finally started. Put my $ in JNJ & cash.

Best Regards,
John Stewart
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