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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST

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To: Dale Knipschield who wrote (2595)1/31/2000 9:51:00 AM
From: James Calladine  Read Replies (1) of 3661
 
FROM ZDNET: (Note misinformation in last line!)

<<Mattson Technology Inc. (Nasdaq: MTSN)
The chip-equipment maker should be worth watching Monday after it filed to sell 3 million shares of common stock.

The company said it would net about $100 million to be used for general corporate purposes including working capital, repaying debt and capital spending, according to a prospectus filed with the Securities and Exchange Commission.

After the offering there will be about 19.2 million shares outstanding in the company, the filing said.

The underwriters, led by Morgan Stanley Dean Witter, have been allotted an extra 450,000 shares to purchase in the event of heavy demand.

Its shares closed up 3 3/4 to 29 1/2 Friday.>>

Best wishes,
Jim
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