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

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To: John Stewart who wrote (2789)5/2/2000 11:17:00 PM
From: Q.  Read Replies (1) of 3661
 
OT - John, what do you find attractive about COF?

I was unfamiliar with it. I took a quick look and it seemed to be a S&L bank trading at Price/Book = 5.69, which is much higher than the industry average of 1.89 for S&L's.

I assume there's something more to the story than just that. Does its credit card operation somehow merit a much higher multiple than an S&L?

Just trying to figure it out.

BTW, hope you enjoy your boat. Congrats on the profits.
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