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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST
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To: John Stewart who wrote (2053)10/23/1999 1:18:00 PM
From: Bill Hermesmann  Read Replies (1) of 3661
 
John,
Love your analysis and thanks very much from the silent masses (hopefully). If, in fact, Mattson would achieve the earnings target of 350M sales and 3.08 earnings in 2001 I believe the current PE at that time, with all things of cycles and future expectations considered, would be no more than 10 on current earnings. This, in my opinion, would make anything over 30 a reasonable target for the stock. Market crazies or an expansion of Mattson's niche could, of course, create something better along the way.
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