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Technology Stocks : MTIC - Is this the next EMC?

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To: KW Wingman who wrote (3703)6/20/2000 2:08:00 PM
From: The Ox  Read Replies (1) of 3748
 
I don't see how this stock is a short at this stage. Maybe if it runs back to $50/share, which probably won't happen anyway. While the company didn't hit on all cylinders last quarter, they still managed to grow the company during a major product transition. I don't have huge expectations for MTIC but I believe there is significant enough value left in the company to justify buying while the stock is trading below $10/share. No debt, improved cash position and a new product that is gaining attention. Maybe you can justify shorting the stock based on the charts alone but I think the fundies will push this one higher from here. They are in the right industry, that's for sure. I would expect the CEO to take a long look in the mirror and to continue to kick some butts, like they did with their European segment.

Just my opinion,
Michael
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