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

To: Philip W. Dunton, Jr who wrote (1767)	9/17/1999 12:04:00 PM
From: Ian@SI	Read Replies (2) \| Respond to of 3661

Ted, The problem with all your TA formations seems to be that one only knows that they guessed the correct formation some time after the predicted move has occurred. If the opposite to the predicted move occurred, then obviously it was a different formation. Yes there's a basis for TA. But imagine the impact on MTSN's stock if Monday Mornings Headline was IBM-MOT-INTC CONSORTIUM VOW TO ONLY USE MTSN EQUIPMENT UNTIL KINGDOM COME i.e. Fundamental news will always trump TA. And with the fundamental story for MTSN, you could tell me that MTSN has an upside down Brobdagnibian Oscillating Head, Shoulders and Butt formation which means that not only will the officers be executed summarily but so will the shareholders; and I'd still hold my MTSN. IMO, the fundamentals for MTSN are stronger than most other companies in the sector. I could be wrong. Ian.