I send a private note tonight to a individual and then read the new Mattson job postings. The orginal note was (mostly):
I've been thinking alot about why Mattson would float $100M. I'm going to run this thought process by you for ideas:
1) Brad stated in the recent CC "they had enough capacity space to get through 2000". They don't need internal capacity.
2) I heard that they are planning some kind of big expansion in 2Q.
3) If they were going to buy most other companies outright, they would use stock directly. Reference Concept for a private known situation, or GGNS in the uncompleted public situation.
4) I reach the following possibilities:
- He is buying something outright from a large company (Eaton?) unlikely, I think.
- He is buying company that a a certain amount of debt, in which a stock swap/dilution occurs, but cash is still needed for debt assumption - likley. But who?
So, am I way out in left field, smoking something, or do you have any ideas?
---
Then, today, (yeah I checked yesterday) the jobs posting is updated:
mattson.com\hr&pg=jobs#99-135
1) It's dated 2/7/00. No jobs are dated 2000! They are growing like hell. The outllook looks great.
2) The jobs look generally greatly reduced, just holes now, few "expansion type jobs".
Conclusion: They are just about to buy something. Something big, with say $50-80M in debt. Ideas?
I can be WAY off base here, but maybe not.
Best Regards,
John Stewart
|
