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


To: michael piegza who wrote (1209)1/27/1998 4:50:00 PM
From: gmccon  Respond to of 3748
 
NDN, nice chart, thanks. A clear double in one year. (It's now on my watch list.) But Michael, I think we both think MTIC will double over the same period this coming year, don't we? :-)

I have to confess or admit that I love MTI's foward looking statement in the "Revenue Trend" portion of their Q3 release. Say what you will, I think these guys are animals and eventual gorillas in the sector.

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"...our revenue growth and improved financial performance provides MTI with increased capability to more aggressively pursue our tactical and strategic objectives."

"We are aggressively pursuing our product development plans, and have begun adding additional research and development resources, as well as field sales personnel, in anticipation of what we believe will be a very dynamic data storage market during calendar 1998."
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Sure, you say, anyone can make a forward-looking statment, but I love the smell of napalm in the morning. :-)

Greg