Thursday, July 26, 2007

Mattson Tech (NASDAQ:MTSN): Amtech downgrade

American Tech Research has downgraded Mattson (NASDAQ:MTSN) to Sell from Buy saying weaker bookings outlook vs. its fab toolmaking peer group, reflects discretionary bookings from memory chipmakers given shortened tool lead times and niche dry strip and RTP product. Firm notes it is too early to tell if MTSN could be viewed as the new canary in the coal mine for this industry.

Notablecalls: Looks like Amtech gave up waiting for GM expansion. The stock is trading below yesterday's close in pre-market. Please scroll down for more color.

1 comment:

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