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


To: jkb who wrote (1176)1/27/1998 9:59:00 AM
From: Mark T. Heath  Read Replies (1) | Respond to of 3748
 
I don't know. Do you want to call IR or should I? Most disappointing on the market reaction. Geez, they beat the estimate by $.03 or 21%!



To: jkb who wrote (1176)1/27/1998 10:05:00 AM
From: Mark T. Heath  Read Replies (2) | Respond to of 3748
 
Stock is now down $5/16 on light volume. Most disappointing. I guess we need to hear from mgmt. Call IR and post the replay number. I have a meeting in thirty minutes that will take me away from the computer for a while.



To: jkb who wrote (1176)1/27/1998 11:00:00 AM
From: gmccon  Read Replies (2) | Respond to of 3748
 
Does this mean .18 wasn't to terrible a guess? :-)

I don't know from investing except a little tid-bit here and there that I've picked up from friends. Thank you, friends. But let me offer this just in case it rings true with someone else. Almost any time there's momentum/speculation involved, there will be some "retracing" (sorry if that's not the correct term), even if short lived.

MTIC traded 160K shares one day last week, which included traders giving momentum upward on the speculation of what this good Q and the soon-to-happen Naz listing would do to the price. A few of those investors are now taking profit and cutting losses because the price didn't sky-rocket, while the rest of us (the investors) wait for a more normal course of events- sold growth over the long term.

Thanks again friends,

Greg