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

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To: LemurHouse who wrote (3092)10/12/2000 5:57:14 PM
From: John Stewart  Read Replies (2) of 3661
 
Andrew;

First my post with those details:

Message 14453252

First, let me state, I am very much for the merger. I just, however, am strongly against coming up with any more $ for it. The market is giving a very, very low valuation to the group right now, esp. the smaller issues. The conversion rates are fair and adequate to all 3 companies without further adjustments. In a few years, all shareholders will be very happy with this. If they were to spend $50M, they'd best use by blowing of the merger and buying back 25% of the stock at today's prices.

Best Regards,
John Stewart
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