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

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To: Ian@SI who wrote (3009)8/16/2000 10:06:31 PM
From: Philip W. Dunton, Jr  Read Replies (1) of 3661
 
Ian, You obviously hate the volatility in the sector because it destroys long term investment opportunities. I totally agree with you on this but I am not responsible for these swings. Take a look at COHU, it has made a total round trip from 15 to 62 and back to 15. I never owned the stock nor did I make any chart calls on it. Are you going to blame me for that one too? The only way to play this sector is to play the swings and to do that well you need to know how to read and interpret the charts. Like you, I would prefer a sector climate where long term investment would work but you have to play with the cards you are dealt. Let me know when you are ready for a copy of John Murphy's T/A bible. I will be more than happy to have a copy sent to you. It will change your whole perspective. All the best, Phil
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