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To: Mehitabel who wrote (1182)	7/13/1999 3:30:00 PM
From: Beltropolis Boy	Respond to of 10934

for those who enjoy light reading in bed, the 10-k is out. a few sorta random excerpts: --International net sales (including United States exports) grew by 116.3% for fiscal 1999 as compared to fiscal 1998. International net sales were $88.8 million, or 30.7%, of total net sales for fiscal 1999. --Research and development expenses increased 82.9% to $30.5 million in fiscal 1999 from $16.6 million in fiscal 1998. These expenses represented 10.5% and 10.0% of net sales, respectively, for those periods. --Our effective tax rate was 37.5% for both fiscal 1999 and 1998. --We generated cash from operating activities totaling $45.9 million and $22.7 million in fiscal 1999 and fiscal 1998, respectively. --Financing activities provided $155.5 million and $6.9 million during fiscal 1999 and 1998 respectively. The increase in cash provided by financing activities in fiscal 1999, compared to fiscal 1998, was due to a follow-on common stock offering in March 1999 yielding net proceeds of approximately $138.8 million, an increased quantity of stock options exercised at a higher average exercise price and a greater number of employees participating in the employee stock purchase plan.