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Technology Stocks : Mattson Technology -- Ignore unavailable to you. Want to Upgrade?

To: Clarksterh who wrote (1566)	7/27/1999 9:22:00 AM
From: Ian@SI	Read Replies (1) \| Respond to of 3661

Clark, Yesterday, on Squawk Box School, CNBC advised listeners that Increasing Receivables is a fairly certain sign of an impending problem in a company. That's clearly a true statement for companies with flat top lines, but would result in novices selling their shares just as a cyclical or growing company is about to break out. Certainly, CNBC didn't do its viewers a service by that lesson as it was delivered. Similarly, if MTSN was still just a Strip company, I'd be upset about the current margins vs the current revenue level. But if MTSN was just a strip company, I wouldn't have been there in the first place. So the current margins are unfolding in accord with plain, simple business reality. Yes, I'd be concerned if GMs stayed down for the next 2 years while the top line grew. But that's not the case. So, I'm thrilled with MTSN's progress. Finally, N is not new to MTSN. Long timers here will know that he's the other John (not John Stewart), and that he has had a major position in MTSN. I don't know his current holdings - whether he sold his MTSN position and now wishes to re-establish it at $5 rather than $10. But I do know that in prior posts under his other alias, he has shown a much better understanding of MTSN than he did in last night's post. Ian.