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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST

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To: Donald Kirchner who wrote (2506)1/20/2000 10:12:00 AM
From: Q.  Read Replies (1) of 3661
 
GSNX stock went up 10% today, while other stocks in the sector were flat, after they announced earnnings.

Here are three key points from the GSNX news release:

* Net sales for the first quarter of fiscal 2000 increased 11 percent to $25.6 million, compared to net sales of $23.1 million for the fourth quarter of fiscal 1999

* Net income for the quarter increased ... to $1.3 million, or $0.09 per diluted share,

* For the fourth consecutive quarter, we've maintained a book-to-bill ratio in excess of 1...

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I think MTSN will report even better results, because last quarter MTSN had $29 M revenues. GSNX hasn't even caught up with MTSN's results for three months earlier.

In the last few days, MTSN stock price has shot ahead of GSNX, which is a big development. They have nearly the same number of shares outstanding, so it is meaningful to just compare share prices.
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