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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: lee kramer who wrote (112574)	8/27/2000 10:06:03 AM
From: Jenna	Read Replies (2) \| Respond to of 120523

RSTI looks very interesting. 233% quarterly % change last quarter 50% increase in sales EPS of 90 IS THE Second HIGHEST IN THE ELECTRONICS LASER SYSTEM COMPONENTS GROUP. One I'll be watching next week. ___________ Wednesday August 23, 11:13 am Eastern Time Press Release ROFIN-SINAR Receives Multiple Unit Order for Laser Marking of Passports and National ID Cards PLYMOUTH, Mich. & HAMBURG, Germany--(BUSINESS WIRE)--Aug. 23, 2000--ROFIN-SINAR Technologies, Inc. (Nasdaq:RSTI - news) today announced that its recently acquired Baasel Lasertech subsidiary was awarded a contract for multiple laser marking systems from Maurer Electronics, Germany, a leading system integrator of forgery-proof security document manufacturing systems. ____________ ROFIN-SINAR Reports Results for Third Quarter Fiscal 2000 Record Sales of $45.5 Million & Orders of $51.4 Million Reach All Time Highs PLYMOUTH, Mich. & HAMBURG, Germany--(BUSINESS WIRE)--Aug. 8, 2000--ROFIN-SINAR Technologies, Inc. (NASDAQ: RSTI - news), one of the world's leading developers and manufacturers of laser sources and laser-based solutions, today announced results for its third fiscal quarter and nine months ended June 30, 2000. The Company acquired Carl Baasel Lasertechnik GmbH (Baasel Lasertech) on May 10, 2000 and has followed the purchase method in accounting for the acquisition. Accordingly the accompanying results of operations of RSTI include the results of Baasel Lasertech for only the 7 week period subsequent to the date of acquisition. In connection with the acquisition the companies have consolidated certain product lines, and as a result RSTI has recorded a special charge to write-off certain of its inventories which will be discontinued.