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


To: marks who wrote (1149)1/26/1998 10:28:00 AM
From: gmccon  Read Replies (1) | Respond to of 3748
 
<< and hopefully not retrace? >>

I haven't the slightest idea why perfectly good stocks reach highs on good numbers and then retrace (even if for a short while). We all know, however, that if you hold on long enough, they go back up. Unless you have some picks that are different, then good for you. Long term- say a year- I expect this one to double from my cost basis. BTW, if you've got a good play that won't retrace, how about sharing. :-)

(This one's been to 17, 15, 14 (several times) and found it's way back to 11. If that isn't "retracing" in investor terms, I appologize.)

Greg