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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 (3039)	9/28/2000 12:47:12 PM
From: EACarl	of 3661

RE "In addition, STEAG may terminate the Combination Agreement if the 20 trading day average closing price of Mattson's common stock measured two business days prior to the proposed closing of the business combination is below $20.00 per share, unless Mattson elects to pay, in the form of a 3-year promissory note, the product obtained by multiplying 11,850,000 by the difference between $20.00 and such 20-trading-day average common stock closing price." I'm not too thrilled about MTSN giving up almost $50 million to get this deal done, and based on todays move to the $14's, it seems others agree.

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