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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 (849)7/26/1998 5:18:00 PM
From: Q.  Read Replies (1) of 3661
 
John: I would guess from the write off and the price paid for the acquisition that Concept had a book value of a couple million in the red.

If so, this would mean Concept had been losing money for some time. Which would mean that it might continue to lose money for some time. So we might be looking at bigger operational losses for MTSN for quite a few quarters, due to Concept.

Do I recall correctly that in the cc Brad and Rich avoided discussion of what Concept would do to the near term earnings of the co.?
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