MTIC - Is this the next EMC? Message Board

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Technology Stocks : MTIC - Is this the next EMC?

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To: gmccon who wrote (915)	12/28/1997 1:53:00 PM
From: Regeast	Read Replies (2) of 3748

IMO - The reason for the STDM spike up to 15 had a tremendous amount to do with the lead underwriter - Smith Barney and the secondary u/w-Solomon. They have tremendous "pull" in the market and were able to get this out into the market. Also, at the time of the IPO in March STDM was comimg off (4) very good consecutive quarters and EMC/DG ( Clariion) were at an all time high. The external storage business was "hot". Unfortunately, the entire storage segment is being beaten down due to it's relationship to the hard disk biz - which is currently a disaster. Check out the threads for QNTM and SEG. I expect to see some add'l consolidation in this business sector as this is what is needed to compete with the EMC's of the world. Hope this helps.

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