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

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To: Philip W. Dunton, Jr who wrote (3445)8/25/2001 1:25:21 PM
From: Philip W. Dunton, Jr  Read Replies (1) of 3661
 
from briefing.com

Mattson Tech (MTSN) 10.03 +1.43: Company implemented a second reduction in work force effective August 22, affecting approximately 20% of the company's current US employees; the full reduction will be completed by the end of 2001, and will affect approximately 25% of employees on a global basis; executive pay cuts and other cost reduction measures will continue through the end of this year; three additional weeks of plant shutdown are scheduled for the second half of the year.
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