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

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To: Philip W. Dunton, Jr who wrote (3478)10/10/2001 2:56:39 PM
From: LemurHouse  Read Replies (1) of 3661
 
I agree. Still, 24% is a hell of a bounce, dead cat or not. Coming as it did on the same day of Brad's "resignation," its hard to believe that advance knowledge of the news wasn't a factor. The company has serious problems that aren't going to fixed simply by changing CEO's. But it seems to me that the removal of a CEO who was out of his depth and unable to take the company forward is a necessary -- although not sufficient -- condition for a turnaround. I''m certainly not willing to invest here, but I'm encouraged enough to keep watching.

I admit I'm tempted to day-trade this thing. Very volatile.

With Brad out of the driver's seat I wonder if the company won't end up being acquired, possibly in pieces.

FWIW.

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