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

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To: creddell who wrote (3500)11/9/2001 5:58:09 PM
From: Philip W. Dunton, Jr  Read Replies (1) of 3661
 
Chuck, I doubt that the move from 3 to 7 had anything to do with fundamentals. A lot of the strength was likely short covering. You might recall that MTSN was heavily shorted in the teens when there was growing evidence that the merger was a disaster. The fundamentals for the industry are still in the toilet and I doubt there will be any meaningful recovery until next year. Phil
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