Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mark T. Heath who wrote (1207)	1/27/1998 4:14:00 PM
From: gmccon	Read Replies (2) \| Respond to of 3748

Someone held up ALTPA (same industry as MTI) the other day as an example of how a stock should be acting in this situation. (ALTPA is a $12 or so stock w/recent excellent earning report of .18). ATLPA reported on the 20th. The five day chart shows that it did not really "take off" until 1:19 p.m. on the 22nd, a day and a half after the earning report. It was up only a 1/16th on the first full day after excellent earnings (better than MTIC). As of today ATLPA is retracing and is basically up only a point from it's pre-earnings number. If any of this says anything, it's "wait until tommorrow" to see if the Street likes MTI's situation. More important, perhaps, wait until the Naz listing. BTW, if someone's got a better play, I've been known to trade. :-) But my watch list (a hundred or so companies) doesn't average any better than MTIC over the last 3 months, with the exception of AT&T. As a matter of fact, many companies are in the tank, while MTIC is not. Again, I'm speaking of the past 3 months. Greg