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Technology Stocks : Mattson Technology

MTSN 3.600

0.0%

May 12 5:00 PM EST

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To: Doug B. who wrote (1472)	7/10/1999 12:45:00 PM
From: Ian@SI	Read Replies (1) of 3661

Sorry for the oblique reference. Sometimes I forget that not all readers of this thread are fully versed on all aspects of MTSN. ;-) The specific paragraph came from the most recent 8-K filed on Edgar dealing with the Concept Design acquisition. The shareholders referenced in that paragraph are the former owners of Concept Design. Essentially, their payment was exclusively with MTSN shares, 100,000 of which have been held in escrow pending sufficient Epi sales within a specified time period. ... i.e. some protection for MTSN. On the other side of that coin, the concept design holders were given protection in case MTSN's share price didn't recover sufficiently to adequately compensate them for their company's potential. That protection for the former Concept owners is null and void as of Friday, the 10th consecutive day that MTSN's price closed at or above $12. To be absolutely specific, until Friday, normal shareholders were facing a potential dilution from those incremental shares. The potential for that dilution is now removed. In other words, it's a good thing for us lowly common shareholders of MTSN. :-) Ian

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