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


To: EACarl who wrote (3213)12/20/2000 4:37:16 PM
From: Philip W. Dunton, Jr  Respond to of 3661
 
Eric, Anything is possible in a bear market like this one. When you get to this stage, stocks get thrown out the window without any regard for fundamentals. The chart has historic support at the 7 level. Phil



To: EACarl who wrote (3213)12/20/2000 10:00:11 PM
From: Q.  Read Replies (2) | Respond to of 3661
 
There are already quite a few tech stocks with MTSN's market cap that are trading not only below net tangible assets, but in fact below cash. These are typically stocks that are flush with cash from an IPO or secondary, and are in a sector that is extremely out-of-favor, like internets.

Could that happen to MTSN?

Well, in the last down cycle MTSN bottomed out in Sep 98 at about 1X cash. Subject 22805

Doesn't mean it will happen now, but it's worth a thought.

FWIW, MTSN has about $5 cash per share. If the stock hits this level, I'd say it's a huge bargain just as it was at cash value at $3 in 1998.