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

To: Rick Kupcunas who wrote (1286)1/29/1998 10:08:00 AM
From: Mark T. Heath  Read Replies (3) | Respond to of 3748
 
"P.S. I was taken by suprise when MTIC dropped on good news; my intuition tells me that it has something to do with the NASDAQ listing. When MTIC failed to mention the listing during the news conference, I sense that people are becoming impatient waiting for the relisting - any comments?"

Sure. Your statement is incorrect. The relisiting was specifically discussed in the conference call. NASDAQ has asked MTIC to appoint an additional outside diretor. MTIC specifically stated the search would be complete in about a week. Once the additional director is named, NASDAQ will be notified via a reapplication. This is the only pending matter with regards to relisting.



To: Rick Kupcunas who wrote (1286)1/30/1998 7:45:00 PM
From: David R. Doerr  Read Replies (1) | Respond to of 3748
 
Rick, talking to EMC's IR department (4 months ago) they feel MTI is not a direct competitor. From my readings on MTI, it sounds like they go head to head often. Could you talk about the differences of the 2 companies from a user standpoint? Any input would be appreciated.


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