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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST
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To: Doug B. who wrote (1472)7/10/1999 12:42:00 PM
From: Alan Gallaspy  Read Replies (1) of 3661
 
Doug B.,

The 400k shares Ian is talking about is in regard to the epi company Concept Systems Design that Mattson bought last July. The owners of this private company were given 800k shares of Mattson Stock in connection with the deal, and it is widely thought that they will sell most of their Mattson holdings. It seems that in connection with this stock that they were given outright, there is a provision to give them the additional 400k just in case they could not unload their initial holdings at $12 or better.

Some of the details of the deal are here in post # 829.

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