Materion Corp (MTRN)

[Barney Vissur]

Excellent question. I think MTRN is just too staid an investment. They look at it almost as an afterthought. It doesn't have the BS "buzz." It's a Warren Buffett-type investment, lol; look for value, buy-in, and wait. I'm not totally sold on mgmt at MTRN. If you look at the inventory problems, supply issues, poor earnings guidance, etc. It doesn't help that one fund filed that they reduced their ownership pretty significantly.

JMVHO, but I do think they will be up pretty nicely this year or early next based on what they've said to investors. The CFO and and an Exec VP (not sure about the CEO) all sold off relatively small numbers of shares with exercise prices in the 14-15's or so, so that doesn't help. I do think they are set up for a very nice year with the backorders they've stated have flowed to 2014 from 2013 and if they get any Apple, it will do very well, of course. It doesn't hurt that Gabelli put, at least one, if not 2 members on their BOD. We all know that doesn't always mean, though, that they are patting mgmt on the back.