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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST
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To: semi_infinite who wrote (3065)10/3/2000 4:50:51 PM
From: Philip W. Dunton, Jr  Read Replies (1) of 3661
 
Ray, My only explanation is that we are in what some call a rolling thunder bear market. When money leaves one group after a perceived potential for disappointment, then it doesn't leave tech but moves to another hot area. However, the hot areas are shrinking and one of the few areas left is the fiber optic sector. That sector is now giving hints of rolling over and moving into a significant decline. I sure wish I had the guts to short some of them. My guess is that when all the bubbles have been punctured, this bear market will be over. Phil
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