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Technology Stocks : MTIC - Is this the next EMC?

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To: jkb who wrote (992)1/13/1998 10:53:00 AM
From: Ed Frye  Read Replies (2) of 3748
 
To Thread:

Is MTIC oversold? It delivered upside earnings surprises the last 2 periods yet it's not in play as earnings date approaches. Zack's looking for $0.14 this Q (next week). Stock has been in a downtrend since oct 27 and after several failures @14. Volume has been relatively light throughout this downward drift. OBV + MF consistent with price trend.

How comfortable are the longs in holding through the upcoming report? What is Asian exposure? I noted that Zack's expects only about a 20% growth in eps in fy99 (compared to 100+% in fy98) and that MTIC is valued at a considerable premium relative to the industry. Any info/opinions appreciated......ed
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