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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (3764)	12/12/1997 1:50:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 10921

Howard, You're right again. I checked the prospectus related to the secondary. Book value of 6.46 appears to be prior to the secondary. Book value after the secondary appears to be over $12. ... unless the stock split 2 for 1 since the end of September and they forgot to tell us. Ian. The secondary added: Common Stock Offered: By the Company............................ 2,000,000 shares By the Selling Stockholders............... 321,000 shares Total Common Stock Offered................... 2,321,000 shares Common Stock Outstanding after the Offering.. 9,738,138 shares(1) > JUNE 30, 1997 ---------------------- ACTUAL AS ADJUSTED(3) ------- -------------- <S> <C> <C> BALANCE SHEET DATA (2): Working capital.......................... $27,487 $ 97,892 Total assets............................. 73,580 133,535 Current portion of long term debt and capital lease obligations............................. 10,850 400 Long-term debt, capital lease obligations and other liabilities, less current portion....... 579 579 Total stockholders' equity............... 49,896 120,301 </TABLE>- -------- (1) Does not include 1,193,109 shares of Common Stock reserved for issuance as of August 15, 1997 upon exercise of outstanding stock options. (2) All financial information presented herein has been retroactively restated to reflect the acquisition of Techware Systems Corporation ("Brooks Canada") in February 1996, which has been accounted for as a pooling of interests. See Notes 1 and 2 to Consolidated Financial Statements for additional information. (3) Adjusted to reflect the sale of the 2,000,000 shares of Common Stock offered by the Company hereby, at the offering price of $37.25 per share net of the underwriting discounts and estimated offering expenses, and the application of the estimated net proceeds therefrom. See "Use of Proceeds" and "Capitalization."