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: jkb who wrote (938)	12/30/1997 11:30:00 AM
From: Mark T. Heath	Read Replies (1) of 3748

Don't misunderstand me regarding the weakness. I not in this stock for a day trade. But I think it is difficult to ignore the obvious when virtually every tech stock is rallying, yet MTIC is at best sitting still. Posting such things helps me inquire of others just like yourself who have been here a long time and are keeping close tabs on the company. I must say I find the weakness over the past few weeks disturbing when even BXH is finally showing some life. There is no reasonable justification for the pullback from $14 to mid $12 unless the market views MTIC as overvalued. This is unlikely given no bad news, no Asian flu, cheap disk drive prices, and continued strong demand for mass storage due to conversions and Y2K problems. I'm just being a worry wart.

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