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


To: John Stewart who wrote (2819)6/1/2000 9:58:00 PM
From: Philip W. Dunton, Jr  Respond to of 3661
 
More on yesterday's IBD article. As mention earlier, most of the article is devoted to talking about MTSN's leading position in the strip business and the positive outlook for the much larger and faster growing CVD market. Brian McD ends up by stating the following:
"We are looking conservatively at maintaining our run rate. Our strategy is pretty simple. We want to continue to be No. 1 in strip and gain further market acceptance in CVD. It clearly doesn't take a lot to grow sales quickly. If we add another tier one client, we can add another $20-25 million in sales. In the meantime, the company will keep on the lookout for potential mergers. In Mattson's case, that means scouting its own purchases as well as warding off suitors. This industry is consolidating, and we'd be an ideal target. But our strategy is to be the acquirer, not the acquired."