Merrimac (MRM) anyone else follow 'em Message Board

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Technology Stocks : Merrimac (MRM) anyone else follow 'em

MRM 1.903

-5.1%

Dec 31 3:59 PM EST

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To: Liatris Spicata who wrote (104)	4/10/2000 8:14:00 AM
From: Liatris Spicata	Read Replies (1) of 110

ERICY Loves MRM- Finally some market confirmation about MultiMix. I'm not so sure how I feel about MRM issuing new stock for ERICY- they only paid $9- bot eet zounds goot. biz.yahoo.com From the PR (not yet out on MRM's website) WEST CALDWELL, N.J., April 10 /PRNewswire/ -- Ericsson and Merrimac Industries, Inc. (Amex: MRM - news) have made an agreement in which Ericsson has purchased 375,000 newly issued shares of Merrimac common stock, representing approximately 17.5% of Merrimac's outstanding common stock, at a price of $9.00 per share. This agreement gives Ericsson Microelectronics priority access to Merrimac's patent-pending Multi-Mix(TM) Microtechnology, a new, innovative process for microwave, multilayer integrated circuits and modules to be used in present and future mobile telecom applications. The Multi-Mix(TM) design consists of fusion bonded multilayer structures, which permits manufacture of components and subsystems at a fraction of the size and weight of conventional microstrip and stripline products. Ericsson intends to employ the promising Multi-Mix(TM) technology in present and future RF applications, including RF Power. Ericsson is investigating the possibility of employing Multi-Mix(TM) technology for Bluetooth transceivers.

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