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Strategies & Market Trends : Wire to Wire Daily Stock Picking -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (496)6/1/1999 6:48:00 AM
From: Roderick Ciferri  Read Replies (1) | Respond to of 3514
 
Winner for June 1 ---- Mattson Technology (MTSN)

previous close -- 7 3/16

MTSN is a semiconductor equiptment maker. Reported earnings a penny shy of estimates and did not rally despite an industry best book to bill of l.5 and a sector that looks like it is turning around.

Recent news of bookings "from a large US logic company" for some of its new technology. Company is probably Intel or IBM, but no formal press release revealing company's identity yet.

Large increase in volume last few trading days.

10 million float.

Looks to break out soon.

Rod