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Technology Stocks : Mattson Technology

MTSN 3.600

0.0%

May 12 5:00 PM EST

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To: John Stewart who wrote (1530)	7/23/1999 6:15:00 PM
From: James Calladine	Read Replies (2) of 3661

Hi John, "Our revenues came close to our previous peak of $24.5 million set in Q4'97, just prior to the recent industry downturn." This a quote attributed to Brad Mattson in the Press Release. My immediate reaction was "Are you trying to tell us that this is now just prior to the next industry turndown.....?" It seemed like a very inept way to celebrate an excellent financial result! I don't see the action in the market indicating a huge pent up demand for Mattson that will translate into higher prices, and barring anything else happening it looks like downward drift time again.... How do others read the present mood? Good luck to all. Long Mattson. Jim

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