Advanced Energy Industries' CFO Richard Beck Talks to The Wall Street Transcript.Business Editors NEW YORK--(BUSINESS WIRE)--March 20, 2001 The Wall Street Transcript A generic term for any kind of copy, particularly an official or certified representation of the record of what took place in a court during a trial or other legal proceeding. A transcript of record has published an in-depth in-depth adj. Detailed; thorough: an in-depth study. in-depth Adjective detailed or thorough: an in-depth analysis interview with Richard Ri·chard , Joseph Henri Maurice Known as "Rocket." 1921-2000. Canadian hockey player. A right wing for the Montreal Canadiens (1942-1960), he led his team to eight Stanley Cup championships and was the first player to score 50 goals in a Beck, CFO See Chief Financial Officer. of Advanced Energy Industries (Nasdaq:AEIS AEIS Advanced Energy Industries, Inc. (stock symbol) AEIS Aeronautical En-route Information Service AEIS Asociación Española de Ingeniería Sísmica (Spanish Association of Earthquake Engineering) ), in which he talks at length about the company's future. The entire 1,400-word interview is available free online at http://www.twst.com/ceos.htm Beck gives an overview of the company. "The company started in 1981 as a power conversion and control manufacturer, primarily for the semiconductor equipment industry. Since then we have expanded to be a broader based supplier of a number of different products that are used in plasma manufacturing processes." Beck explains, "We have a good, strong team internally. We've made some management changes just recently and promoted some key people into senior positions, so we have the internal structure in place now to support the company's next phase of growth." Looking forward, Beck states, "We want to continue our growth rate to be somewhere in the 35%-45% compounded annual growth region, which is what we've done historically. So we want to do continue that track record through organic growth and through acquisitions as I mentioned. In 1996, we had said we wanted to be a $1 billion company in revenue terms in 2006. That number has increased, although we haven't discussed it publicly. Now with the recent acquisitions, we have increased our total available markets, so that by 2006 our total available market will be in excess of $5 billion." This interview is part of a 95-page SEMInvest Conference Issue available at http://www.twst.com/info/info305.htm or by calling 212/952-7433 The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors Long-term investor A person who makes investments for a period of at least five years in order to finance his or her long-term goals. for over 38 years. The Wall Street Transcript has launched a new free service where investors can ask Advanced Energy Industries (or any public company) a question at http://www.qawire.com Serious investors may now receive free email alerts containing links to TWST articles whenever TWST publishes an interview on the companies they follow by using the new Alerts.com service available at http://www.twst.com/alerts.html. The Wall Street Transcript does not endorse To sign a paper or document, thereby making it possible for the rights represented therein to pass to another individual. Also spelled indorse. endorse (indorse) v. the views of any interviewees nor does it make stock recommendations. For subscription information call 800/246-7673. |
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