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


To: Q. who wrote (949)11/15/1998 10:30:00 AM
From: Anaxagoras  Read Replies (1) | Respond to of 3661
 
<<This probably doesn't allow the co. to just buy a lot of shares because they look cheap.>>

Agreed, however it is encouraging to see that they are making use of the cheap price to do a nice chunk of the buying. IOW, the plan gives a three year window, and yet they've already done about a 1/4 of the job, and at that rate they would have accomplished well more than a third of the buying by March of '99. I wonder how they actually go about the purchasing.... Do they buy a set chunk each day/week/month regardless of price? I never see this discussed by any company.

BTW, I recently started a subscription to Michael Murphy's CTSL and Mattson is one of their picks- that's what got me initially interested in this stock.

Anaxagoras