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Technology Stocks : Mattson Technology -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (2155)	11/10/1999 9:36:00 PM
From: Ian@SI	Respond to of 3661

And in case we forgot some of the nice sales / booking numbers from the earnings report... ++++++++++ NET SALES Net sales for the third quarter of 1999 increased 211% to $29.2 million from $9.4 million for the third quarter of 1998. Average selling prices (ASP's) increased 14% for the third quarter of 1999 compared to the third quarter of 1998. The increase in ASP's was due to a higher demand for the Company's CVD and EPI products which generally carry higher ASP's than the Strip products. Net sales for the first nine months of 1999 increased 49% to $67.6 million from $45.3 million in the first nine months of 1998. The increase in net sales reflects a 33% increase in ASP's and a 12% increase in unit sales during the first nine months of 1999 compared to the first nine months of 1998. Third quarter bookings were $35.6 million, an increase of 224% compared to bookings of $11.0 million in the third quarter of 1998, resulting in a book to bill ratio of 1.2 to 1.0 in the third quarter of 1999. The increase in bookings is primarily due to a higher demand for the Company's Strip products in the current quarter. Backlog increased 89% to $41.4 million, compared to $21.9 million at the end of the third quarter of 1998. International sales in Europe, Japan and the Pacific Rim (which includes Taiwan, Singapore and Korea) accounted for 54% and 62% of net sales for the third quarter of 1999 and 1998, respectively. International sales for the first nine months of 1999 and 1998 were 62% and 72% of net sales, respectively. All sales are denominated in U.S. dollars.