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

To: Ed Frye who wrote (995)	1/13/1998 2:10:00 PM
From: Mark T. Heath	Respond to of 3748

Most of us here have followed Box Hill (BXH) and EMC to see what may be in the future of MTIC. They are competitors of MTIC. At one time, MTIC virtually traded in tandem with EMC, but this in no longer true. MTIC has not participated in any rally with the tech sector, including today, as you have noted. I concur with your valuation issue. I have hoped that this was the reason for MTIC's lack of participation in any rally while even BXH has picked itself up off of the mat (now only to have returned). I got stopped out of a position in MTIC yesterday. Had held it for seven months if my memory is correct. Still holding a small position in an IRA account and will do so for the earnings report due on 27th.