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Memry

Dutton Associates updates Memry Corporation rating to Neutral

Published in Physician Law Weekly, October 11th, 2006

Dutton Associates updates its coverage of Memry Corporation (MRY) with a Neutral rating.

The 6-page report by Dutton senior analyst William Prather RPh, MD is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals.

Memry Corporation reported fourth quarter and fiscal 2006 year end results on September 7, 2006. Revenues of approximately $52.6 million were approximately $1 million less than our estimate of $53.7 million and a reported EPS of $0.09 was $0.02 less than our estimate of $0.11. Primarily contributing to this shortage was weakness in sales in the company's Nitinol...

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