I suspect those were the initials of the builders in Leo Fender's CLF Research factory (now the G&L factory); EB wouldn't have any details since the StingRay I guitars were from the Leo Fender era. You might also post on the G&L forum (guitarsbyleo.com) as there are some fans of the original MM and Leo-era G&Ls over there who might be more connected with who was in the factory back then.
EB bought MM from bankruptcy in 1984; MM had only made amps and basses after they ended their relationship with Mr. Fender (shortly after he converted his shop to G&L designs and production) circa 1980/81. It seems like MM only produced basses and amps in 1982/83.