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


To: Kushi Kullar who wrote (992)1/25/1999 2:31:00 PM
From: LemurHouse  Read Replies (1) | Respond to of 3661
 
I think so. Like many on this thread, I'm long and I figure I will stay long until the much-ballyhooed upturn comes. The stock has more than doubled off its lows of last fall, but we're way ahead of the actual business cycle. I'm hoping that Mattson will share in the semi-equip turnaround when it finally does get here in earnest. But who knows? I significantly increased my position last October, and am back more or less even for my total investment in MTSN. But this stock has performed poorly when measured against the rest of the industry for the past several years. My own plan is to wait for the upturn (in the business, not the stock) and then get out unless the company is significantly increasing earnings and market share. If the company is doing well during the next upturn, I'll stay in. I'm reasonably optimistic that it will do this.

Cheers.