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Technology Stocks : Etec Systems moving up
ETEC 0.1500.0%Sep 8 5:00 PM EST

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To: Gil Davis who wrote (51)9/5/1996 11:39:00 AM
From: Brian Land   of 1279
 
Earnings are out:

4Q 7/31........Fiscal 1996.......Fiscal 1995.........% Change
-------------------------------------------------------------
Revenues...... $47,610,000 .... $21,871,000. ....... +118
Net Income..... 15,015,000 ........ 5,145,000......... +192
Per Share............ 0.75 ................. 0.40 ................ +88

FY 6/30.........Fiscal 1996.......Fiscal 1995.........% Change
-------------------------------------------------------------
Revenues...... $145,645,000 .... $82,916,000 ........ +76
Net Income...... 35,015,000 ........ 6,844,000 ........ +423
Per Share............ 2.02 ................. 0.68 ................ +197

Etec Systems, Inc. of Hayward supplies pattern-generation for the semiconductor and electronics industries. Net income figures are the amounts attributable to common shareholders. The company's initial public offering was in October 1995. In June 1996, the company completed an offering of 5 million shares of its common stock, raising $17.1 million. Concurrent with the offering, Intel Corp. made an investment in the company, acquiring 500,000 of common stock for $10 million. (Nasdaq:ETEC)

Brian
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