SELECTED FINANCIAL DATA

The selected financial data presented below as of and for the fiscal years ended March 31, 2002, 2001, 2000, 1999 and 1998 have been derived from our audited consolidated financial statements. This data should be read in conjunction with "Management's Discussion and Analysis of Financial Condition and Results of Operations," our Consolidated Financial Statements and related notes thereto, and other financial information appearing elsewhere in this Annual Report. All amounts are in thousands except per share data.



Year Ended March 31,
2002 2001 2000 1999 1998  
Consolidated Statements of
       Operations Data:
     Total revenue $ 20,419 $ 34,135 $ 35,186 $ 66,763 $ 42,830  
     Gross margin 6,882 10,245 8,979 25,680 18,607  
     Income (loss) from operations (2,709) (1,868) (1,694) 12,362 8,303  
     Income (loss) from continuing
       operations
(3,394) 26 19 7,759 4,898  
     Net income (loss) (6,121) 26 19 7,759 4,898  
     Basic earnings (loss) per share:
     Continuing operations $ (0.26) $ - $ - $ 0.62 $ 0.49  
     Net income (loss) (0.47) - - 0.60 0.49  
Diluted earnings (loss) per share:
     Continuing operations (0.26) - - 0.62 0.49  
     Net income (loss) (0.47) - - 0.60 0.49  
Shares used in computing earnings
   (loss) per share (basic)
13,028 12,998 12,925 12,468 9,952  
Shares used in computing earnings
   (loss) per share (diluted)
13,028 13,213 13,254 12,855 9,952  
Year Ended March 31,
2002 2001 2000 1999 1998  
Consolidated Balance Sheets Data:
     Cash and cash equivalents $ 15,457 $ 36,655 $ 38,347 $ 37,326 $ 3,401  
     Short-term investments 16,601 - - - -  
     Working capital 35,219 37,000 39,670 39,077 7,480  
     Total assets 38,762 44,617 46,115 46,883 14,485  
     Total stockholders' equity 35,709 41,165 40,976 40,745 8,683  
     Cash dividends paid - - - - 3,000