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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST
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To: James Calladine who wrote (3449)8/31/2001 1:32:08 PM
From: Philip W. Dunton, Jr  Read Replies (1) of 3661
 
Jim, Al Frank tends to be early on his buy recommendations. He specializes in buying depressed stocks and he is prepared to sit with them for a few years. That is why his is the top performing advisory service over the past 15 years. I do recall he was pounding the table on the chip equipment stocks like AMAT, NVLS. KLAC and LCRX during the peak of the Asian economic crisis. AMAT was 22 at the time and I believe it went to 110, then spilt. The others had similar gains and Al rode them to nearly the top of the cycle. While I agree with you, there are much better ways to play the equipment recover than MTSN right now (I prefer AMAT), based on his stellar record Al Frank is not to be dismissed lightly. Best regards, Phil
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