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Technology Stocks : Mattson Technology

MTSN 3.600

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May 12 5:00 PM EST

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To: Philip W. Dunton, Jr who wrote (3388)	6/7/2001 12:41:16 PM
From: Alan Gallaspy	Read Replies (1) of 3661

Even though I put this on the AMAT thread, I thought it might be of interest here as well. This seems to me that ACLS is looking to go head to head with MTSN and others in 300 mm strip. For a little more info on their tool, see Message 15893298 Axcelis (ACLS-$16-SB-V) New Products: Not Just an Implant Co. Anymore J. Deahna/S. Pelayo ACLS recently introduced a new 300mm resist strip tool. We believe ACLS continues to gain momentum for 300mm strip tools. Additionally, ACLS announced a joint development agreement with Dow Corning. This could potentially provide a large market for ACLS's photostabilization technology. ACLS shares are currently trading at 2.2x trailing sales. We continue to believe that ACLS shares are reasonably valued and investor should build position by the Aug "New Products: Not Just an Implant Co. Anymore" timeframe.

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