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Technology Stocks : MTIC - Is this the next EMC? -- Ignore unavailable to you. Want to Upgrade?


To: michael piegza who wrote (984)1/9/1998 6:04:00 PM
From: Mark T. Heath  Respond to of 3748
 
I'll take a look at the Monday opening and see if MTIC is still sub $12. I did add to my Keane position today.



To: michael piegza who wrote (984)1/9/1998 6:11:00 PM
From: jkb  Read Replies (2) | Respond to of 3748
 
I just got back - WOW - what a day. My portfolio took a beating - just another day in the life of tech stocks. BXH looks like they were beat up due to their comments on '98 revenue performance. Management may be acting conservatively. Nevertheless, I'm surprised that they seem to be OK with Q4 as they do have Asian exposure.

I've still got a pretty solid cash position. I've bought all over the place since $7. I bought more this week at $12. Pricing for both EMC and MTIC is a steal at these levels. However, this market is so ugly right now - it seems as though the market wants to go lower before it gets better. Let's hope INTC will save the day for the market - I believe Tuesday - after the market. One analyst believes that they will surprise on the upside. Don't get me wrong - I'll be in on Monday - and will be watching MTIC like a hawk - looking to buy.

-Jay