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Re: Watts Watt post# 56410

Thursday, 07/24/2014 11:23:49 PM

Thursday, July 24, 2014 11:23:49 PM

Post# of 232311
You are correct and I agree with your assessments in the first five points you made. Don't know about anything Tom has to say and my summer has been surprisingly cool and short here in Atlanta.

If BMGs are to be used in the new products from AAPL they are not being sourced from MTRN. I will be sad to see them hit the market if AAPL releases a LQMT iPhone. It will cost me some serious money.

The new investment in casting technology sounds very familiar doesn't it. Here are some quotes from the CC.

And in that case they have pushed that program back, I think some of it has to do with – they are transferring the technology into an investment casting technology which is a new technology and that’s what we’re shapening [ph] them. But I think that they are going through some gyrations, probably from an engineering standpoint as they change the design. So there might have been a little sub-category that has affected us due to the type of material that we’re shipping. It’s really good news in the long-term because as we’ve shifted our technology in the beryllium and composites over the year as it used to be that we would ship blocks of material and then we shipped what’s known as near net casting material saves a lot of material and less machining. And now we’ve shifted this technology to what’s known as investment cash which you really get almost pretty much the final shape with very modest machining required. So the efficiency is really going up with the kind of product and lowering our cost to ultimately expand the application base that we have. So this was a big cost saving part of the F-35 and I think just because of the opportunities here we may have seen some delays



This sounds like a direct competitor to LQMT's model. Perhaps this explains the lack of LQMT sales from MTRN's sale force. I don't know and will look into this process that Hipple's referencing. If anyone can enlighten me I'll be appreciative.

Regarding the pebble plant.

Jefferies
Yes, I have it in my notes but you guys might be running that plant full out by the end of the year, is that right, how you’re thinking about it?

Richard Hipple
Yes, that’s correct. And we’re on-track to do that.


Hipple then went on to talk about medical in relation to Be.


Lastly for the people who are hoping for a MTRN buy out of LQMT here's a quote.

So we surely won’t be doing anything stupid


I think the answer to your question is we’re rebuilding strategically the acquisition pipeline as we speak, and I would certainly see us moving forward on intelligent basis over the next six to nine months.



I cherry picked that first one but if MTRN were to bid on LQMT I would seriously reconsider my investment in MTRN again.
I've tried to keep this strictly as it relates to LQMT. I will go to the MTRN board for a deeper discussion on the results this weekend. Take care Watts.



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