A cutting tool is shown for cutting, handling and then ejecting disks of material cut from a sheet or like material, the tool comprising: a body having a proximal end adapted to be rotatably driven about an axis, and having a distal end including a generally cylindrical cutting portion rotatable about said axis for cutting and receiving said disks; an ejector slideable parallel with the axis and within said cylindrical cutting portion for ejecting the received cut disks; and a grip rotatably mounted to the body such that the grip can be held without substantial rotation while the body is rotated said grip being operable to cause said sliding of the ejector and for ejecting the disks.