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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST
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To: Ian@SI who wrote (1521)7/22/1999 10:35:00 PM
From: Philip W. Dunton, Jr  Read Replies (1) of 3661
 
Ian, Needham and DLJ are the only two following MTSN. Maybe H & Q will resume. Who were the two analysts who complimented on the quarter? That was mentioned in an earlier posting.

Revenues were impressive and the bottom line came in 1 cent above First Call but 3 cents below the First Call est. 30 days ago. I am somewhat disappointed that Brad is projecting only breakeven for the 3rd Q. I thought Q2 was supposed to be the breakeven Q and MTSN was supposed to show some profit next Q. After all, there was a 15 cent improvement in Q2 versus Q1.

My guess is the stock won't do much on the upside right now on this report unless Needham raises target or H & Q or Soundview initiate coverage. That's why it's important to find out which analysts were complimentary. I think we are locked in an 11 to 13 range for awhile, unless Greenspan causes another tech wreck. Phil
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