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Technology Stocks : Plasma and Materials Technologies !!!!

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To: sds who wrote (348)2/28/1997 2:03:00 PM
From: subodh harmalka   of 383
 
sds,

If you can get hold of the press release declaring Electrotech
buyout, please read it carfully. It mentions Mr. John Rollwagen
stepping down from Chairman of the board. Mr. Chris Dobson,
founder of Electrotech, becoming Chairman of the board.

The same press release also mentions that Electrotech was bought
for $75M in cash and 5.6M in PMAT stocks. Current number of outstanding stocks is 11.620 M. A SC-13D on EDGAR shows Mr. Chris
controling 4,853,334 shares (Nov. 15, 1996)

I don't know how much control Mr. Rollwagen has over the
direction of PMAT now. If someone can shed some light
that will be great.

Subodh
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