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Non-Tech : MAT - Mattel - toysRthem
MAT 20.51+0.4%3:59 PM EST

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To: paul richards who wrote (691)4/15/2001 5:12:51 AM
From: Arthur Tang  Read Replies (1) of 706
 
MAT is currently at the support level; if breakdown occurs, next support level is obvious in the six month chart. The volume chart for the last 6 month showed slight overbought condition. So, depending on the company condition and the specialist's stock pool, the movement may be just going sideways(pull back is not caused by investors' selling) to recover some shorts before resuming nice moves again.

TLC has a buyer, but as discussed in previous posts; the buyer is notoriously slow and will not buy until the company is profitable. The TLC sales and marketing will have to change. The cdroms are collectibles; and they should be sold as such.
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