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


To: Duncan who wrote (1201)1/27/1998 3:03:00 PM
From: Sam  Respond to of 3748
 
Duncan,
Well, it is true that receivables were up by $12m (31m--->43m). However, I'm not sure that that is so unusual in this kind of business, where their main products sell for a fair bit of money. It is not like they are stuffing a retail channel. At least, I think that they sell end users, rather than distributors. If they were selling widgets that sell for a few hundred or even a few thousand dollars apiece, then I would be more concerned. Also if the volume were higher, I would be more concerned. As it is, I'm not going to be concerned until I hear the CC.

As you say, we'll see. What is amazing to me is how much people react to a day or two of stock trading, especially on such low volume.

Thanks a lot for the number & passcode, as well as your thoughts and reservations.
Sam