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Technology Stocks : Mattson Technology -- Ignore unavailable to you. Want to Upgrade?

To: Alan Gallaspy who wrote (834)	7/18/1998 10:45:00 AM
From: JK	Read Replies (1) \| Respond to of 3661

My own "idle speculation": been watching MSFT and though they beat their numbers (.50 vs .48) the stock seems to finally have gotten too expensive for even the big $ money managers after running up to about 118. On CNBC Maria B. reported that between $5b and $7b (depending on who was quoted) flowed into the markets and has to be put to work. The top NASDAQ stocks are all way overvalued. Money got to go somewhere. Are the MM in anticipation of better tech value in the fall? $$$$ finally trickling down to mid/small caps? Don't have the link, but a month or so ago M Murphy said that he liked Mattson and would buy. Perhaps "they" like the new acquisition as well. Thoughts anyone??? luck to all - JK