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

To: Ian@SI who wrote (3292)	2/2/2001 11:24:57 AM
From: Q.	Read Replies (1) \| Respond to of 3661

The change in accounting won't affect how much cash MTSN has in the bank. What it will affect is this (I think): on the balance sheet: an asset appears as inventory vs. a receivable, during the time before the customer accepts delivery. on the P&L statement: an transaction will not appear as revenue or gross profit until a date that is later than under the previous system. on the statement of cashflows: Cash isn't recognized until the receivable is collected, and that isn't changed. So the bottom line of cashflow from operations will be unchanged. Only the calculation leading to the bottom line will be different.