Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Cub Fan Dan who wrote (1883)	9/28/1999 5:41:00 PM
From: Philip W. Dunton, Jr	Read Replies (1) \| Respond to of 3661

Cub Fan: Hope your luck runs better with MTSN than with the Cubs. Anyway, 50 day moving average was penetrated on a closing basis for the first time since May. While there is some support in the 11.5 region, more meaningful support would be at 10, where the 200 day ma is. Technically, the stock looks sort of sick after looking so great just one week ago. The fact that it can't rally from a deeply oversold condition is disappointing. We could always snap back from here but with the market in a nasty intermediate correction, I am not very optimistic on a near term basis. Phil