John,
Thanks for referring me to the Yahoo post. I no longer even scan those threads. Generally, I've found the negative value posts to vastly exceed the positive value ones.
Trust following is the Gregg44 post that caught your eye...
Ian.
+++++++++
I just got back from the Informed Investors semiconductor forum in Palo Alto. In general the forum was disappointing due to several last minute cancelations by speakers, however, as far as Mattson is concerned, we got a very positive outlook from the analyst at Needham & Co., Theodore O'Neil. (Needham advises strickly institutional clients, and has the widest semiconductor coverage of any company on the street.) He singled out Mattson as one of the few companies that still have "headroom" in their stock price to double in the coming 12 months. While AMAT is the king and likely to show continued excellent earnings, he thought the stock price of AMAT and several other of the larger equipment makers were nearly "fully discounted" and one should NOT expect terrific gains from this point. He said to find better price appreciation, one needed to look to smaller, less followed names. He REALLY likes Mattson going forward. I spoke to him after his
presentation and asked about Mattson, he said something like: "I don't see how they can miss. They have three new, higher margin, products coming out, the dual-process (200-300mm) product is unique will continue to help drive sales."
His presentation included three proposed portfolios.
1)The safe portfolio: AMAT, ASTX, AMTI, COHU and seemed highest on COHU a test-handler company.
2) The badly beaten-down, speculative portfolio: SFAM, FSII.
3) The 300mm trend portfolio: BRKS, ASYT, PRI, MTSN and singled out MTSN's potential.
FWIW, He also likes the photo mask makers Dupont Photomask and ETEC and those companies in the Analog semi business like Maxim.
Good Luck to all, and stay long MTSN,
-G44 |
