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Technology Stocks : Trikon Technologies - TRKN -- Ignore unavailable to you. Want to Upgrade?

To: bob zagorin who wrote (887)	3/30/2000 3:09:00 PM
From: bob zagorin	Read Replies (1) \| Respond to of 926

some highlites from 10K "Backlog: As of February 29, 2000, the Company's backlog was approximately $25.9 million, as compared to approximately $0.5 million at February 28, 1999. The Company's backlog consists of system purchase orders that provide for delivery within fiscal 2000... Product Sales: Product sales for the year ended December 31, 1999 increased 93% to $48.4 million as compared to $25.1 million for the same period in 1998. System shipments increased 162% to $38.2 million in fiscal 1999 compared with $14.5 million in fiscal 1998. Sales of Sigma PVD systems were $25.2 million in 1999 compared with $7.1 million in 1998, an increase of 258%. Within the 1999 Sigma sales figure were sales of $10.5 million in respect of the Sigma fxp, a product launched during 1999. Sales of Omega etch systems increased 191% to $10.5 million in fiscal 1999 compared with $3.6 million in fiscal 1998. Gross Margin (Deficiency) on Product Sales: For the year ended December 31, 1999, the gross margin on product sales was 42.7% as compared to 18.9% for the same period in 1998. Gross margins in the first half of fiscal 1999 were adversely affected by low sales volumes. The gross margin for fiscal 1998 includes inventory write-downs amounting to $2.6 million. Excluding the inventory write-downs, the gross margin on product sales was 29.1% in fiscal 1998. Gross margins in 1998 were negatively impacted by issues related to weakened product demand such as unabsorbed manufacturing overhead associated with the reduced units sold.