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

To: Gary Kniffen who wrote (3055)	9/29/2000 9:13:32 AM
From: James Calladine	Read Replies (1) \| Respond to of 3661

CFMT: Can't answer the tax question, but seems like a good possibility. However, if the merger does not go through you end up in CFMT. That is not the side of the equation I would want to be on. Best wishes, Jim

To: Gary Kniffen who wrote (3055)	10/2/2000 5:41:42 PM
From: Philip W. Dunton, Jr	Read Replies (1) \| Respond to of 3661

Gary, You pose and interesting question and I am not sure what the answer is. If the merger goes through, then technically the IRS would probably consider it a wash sale, but I am just guessing. The risk in switching is, should the merger fall through (certainly a possibility in view of MTSN's current price), then MTSN would rally and CFMT would decline. Hence, you would be widening your loss. There are plenty of other chip equipment stocks you could switch into that are as depressed as MTSN and you wouldn't be assuming the risk of a failed merger. KLIC is in the same price range and down from the mid-40s. Phil