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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 (3062)10/3/2000 2:58:51 PM
From: Philip W. Dunton, Jr  Read Replies (1) of 3661
 
John, Another top indicator is insider selling by senior management. There was plenty of insider selling in some of the chip equipment stocks near the highs of earlier this year. However, Brad has not sold a share which should be a good sign. It is hard to believe that we have seen nearly a total round turn in MTSN while the outlook still remains favorable. I don't think the cycle is ending but I do think this group just got caught in a nasty NAZZ bear market. When they get to the fiber optic darlings and puncture that bubble, it will be time to buy. All the best. Phil
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