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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 (3176)12/3/2000 3:53:26 AM
From: ELH1006  Read Replies (1) of 3661
 
John, one other important factor to consider when comparing MTSN to its low of $2.75 in October 1998, is the benefit that we now all enjoy because of the offering at $42.50 back in March. MTSN raised approximately $124.5 million when it issued 3.09 million new shares. With 21.2 million shares outstanding, this equates to approximately $5.87 per share. Add the $5.87 to the low of $2.75 and you get $8.62 per share. With all the progress that Brad has made since the bottom in October 1998, it doesn't take a rocket scientist to figure out that this puppy is worth substantially more than the current price of $10.34. Effectively, MTSN has only increased $1.72 since the height of the Asian flu crisis.

Eddie
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