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

To: gmccon who wrote (1093)	1/18/1998 8:11:00 PM
From: marks	Read Replies (2) \| Respond to of 3748

OK, one follow-up question. Is there any downside, either way, to this event? If it runs, its even better for the company. If it doesn't, nothing is lost. Is that it? Also, I recall talking to someone in the know back in November who thought this could be a blow out quarterly earnings report. Is that anyone elses understanding? Could that be the explanation for the huge surge in volume and price about that time? If so, buying more even at this price could look very wise in another week or so. Correct? Thanks

To: gmccon who wrote (1093)	1/18/1998 9:23:00 PM
From: Mark T. Heath	Read Replies (2) \| Respond to of 3748

I guess its time to come to the defense of my profession. Many of you here that I've been chatting with know that I'm a CPA by trade. So being as disturbed by the pulling of the study by C&L as the rest of you are, I think the situation is worthy further study. It has been presented here that C&L is the auditor for EMC. I don't know that for fact, but will assume it correct. The fact that C&L audits EMC doesn't preclude them from providing someone with a study about the products available in the mass storage market. Several questions need to be addressed in this matter. First, who asked for it and who is paying the bill? Secondly, does C&L have a consulting division that acts seperately from its auditors like many of its competitors (Arthur Anderson for example). This is probably the case and can be easily checked on. As an MTIC shareholder just like you guys, I was really excited about the news story and it did seem to lift the stock. I have never worked for C&L, but have a very good friend that does. I will speak with him tomorrow about the consulting and audit division and get his thoughts about C&L's actions and post them here. I admit it, I stated earlier that I would "raise an eye brow" if C&L changed the study after it was released. I guess they didn't pull it to correct a misspelling. I'll post what I can find as soon as I know something else.

To: gmccon who wrote (1093)	1/19/1998 9:03:00 AM
From: Chuck. Edwards	Read Replies (1) \| Respond to of 3748

OK, all you skeptics, the true test of a hypothesis is whether you can reproduce the results. I went to the Yahoo Finance page (http://biz.yahoo.com/finance/), clicked on PRNews at the top of the page, searched for "Coopers" and turned up the following press release from January 16. Why it is not found when you do a search on PRN's own web site, I don't know, but as I said in a private e-mail, when I can't immediately reproduce a release that someone else quotes, I always consider the possibility that there is a flaw in my search or the site, or I am not using the search engine right. In this case, it looks like the PRN web site is selective in what PRN releases it posts (which is a damn shame, given the importance of this release, since the site still carries the original story). In any case, this is a genuine release. Go and see for yourself. Text follows: Friday January 16, 12:28 pm Eastern Time Company Press Release SOURCE: Coopers & Lybrand L.L.P. RAID Array Competitive Market Analysis NEW YORK, Jan. 16 /PRNewswire/ -- Coopers & Lybrand today issued the following statement: Information has recently come to our attention from reliable sources regarding our RAID Array Competitive Market Analysis released in December 1997. If this information had been provided to us at the time of our analysis, it would have affected our conclusions. We are in the process of analyzing the precise impact this information will have on our conclusions. The analysis should not be relied on until we complete our evaluation. The analysis compared products of four manufacturers, CLARiiON, EMC, MTI Technology Corporation and Sun Microsystems. SOURCE: Coopers & Lybrand L.L.P.