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Technology Stocks : Mattson Technology -- Ignore unavailable to you. Want to Upgrade?

To: Philip W. Dunton, Jr who wrote (1468)	7/9/1999 4:41:00 PM
From: Ian@SI	Read Replies (2) \| Respond to of 3661

Phil, Here's another paragraph that we can all enjoy today. By my calculations, today is the 10th consecutive day that MTSN closed above $12. Today's close of 12 1/4 gives us 10 consecutive closes of $12 or above and satisfies the following clause. Thus the potential overhang of "up to 447,569 additional shares of Mattson Common Stock" is now formally and officially gone. :-) Perhaps, a little pop on Monday??? Ian. Date Open High Low Close Volume Adj. Close* 8-Jul-99 12.25 12.5 12.125 12.4375 29,300 12.4375 7-Jul-99 12.0625 12.1875 12 12.125 126,000 12.125 6-Jul-99 12.5625 12.5625 11.875 12.25 148,600 12.25 2-Jul-99 12.5625 12.875 11.9375 12.4375 70,200 12.4375 1-Jul-99 12.8125 12.8125 12.5 12.5625 59,000 12.5625 30-Jun-99 13.125 13.375 12.5 12.625 149,300 12.625 29-Jun-99 12.5 13.25 12.5 13 223,800 13 28-Jun-99 12.75 12.75 12.0625 12.5 122,300 12.5 25-Jun-99 12 12.875 11.9375 12.5 71,500 12.5 24-Jun-99 12 12.25 11.5 11.875 73,800 11.875 NOTE 12: SUBSEQUENT EVENT On July 24, 1998, Mattson acquired the Company. Under the terms of the agreement, each share of Concept common stock issued and outstanding and held by the former shareholders of the Company was converted into the right to receive one-third of a share of Mattson Common Stock. Of the 795,136 shares of Mattson Common Stock issued in connection with the merger (the "Mattson Shares"), 89,514 shares, will be held in escrow for one year as security against breaches by the Company of the representations, warranties and covenants made under the agreement. Notwithstanding the foregoing, an aggregate of 100,000 shares from the Mattson Shares otherwise issuable to the shareholders of the Company as a result of the merger shall not be issued initially and shall only be issued if the Company achieves net revenues of $16,667,000 during the first twenty-four (24) full calendar months following the closing date. In addition, up to 447,569 additional shares of Mattson Common Stock may be issued to the Company shareholders at the end of the twenty-four month period if the Company meets the revenue milestones stated above and Mattson's closing share price for its Common Stock does not reach at least $12 per share for any consecutive ten (10) day trading period during the twenty-four month period following the closing date.