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

To: Doug B. who wrote (2094)	11/1/1999 5:49:00 PM
From: Philip W. Dunton, Jr	Read Replies (1) \| Respond to of 3661

Ian, I missed it too. When Needham originally initiated coverage with a buy back in June, the analyst had a target of 15. That target seemed strange because MTSN was only 3 points away at the time. Another strange thing happened, less than a week after the recommendation, Needham reiterated the buy. Probably the target was raised to 17 at that time, which would now explain why there was a reiteration of the buy so soon after the initiation of the buy. Needham is a strange firm but I do think they have a good reputation on the semi and semi equip stocks. Phil