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                                                                    EXHIBIT 23.3


                        CONSENT OF INDEPENDENT AUDITORS



We consent to the incorporation by reference in the Registration Statement (Form
S-8 dated June 29, 2001) pertaining to the Sheldahl, Inc. 1994 Stock Plan of our
report dated March 8, 2000, with respect to the consolidated financial
statements and schedule of Sheldahl, Inc. included in its Annual Report (Form
10-K/A) for the period ended December 29, 2000, filed with the Securities and
Exchange Commission.


                                       /s/ Ernst & Young LLP
                                       ERNST & YOUNG LLP.


Syracuse, New York
June 26, 2001





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