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

To: Investor2 who wrote (936)	10/27/1998 7:53:00 PM
From: John Stewart	Respond to of 3661

A few notes on the conference call; - The loss is cash includes $7.3M from Concept liabilities and a $3.1M loan to cover complete call in from Brad's margin on MTSN stock. The board is holding a few million of his shares to cover his loan that they covered for him. ..Now I don't feel so bad that this happened to me :') ..Looked to me like they sold "0" EPI systems this Q, had a $8M sale to Russia booked right before the crash. - Really took their most aggressive comments towards grabbing market share from GSNX I've seen yet. They implied they were now at or close to #1 in strip. - Booked 5 RTP systems to Japan, mainly Hitachi. I'm assuming 2 of those show up in 4Q, from the tone of the comments. - Reducing cost by 20% in 4Q to bring breakeven to $15-16M. - Q4 est includes $5M from Korea not yet paid.