<ARTICLE> 5 <PERIOD-TYPE> 7-MOS <FISCAL-YEAR-END> JUL-31-2000 <PERIOD-END> JUL-31-2000 <CASH> 50,272 <SECURITIES> 0 <RECEIVABLES> 60,842<F1> <ALLOWANCES> 815 <INVENTORY> 19,504 <CURRENT-ASSETS> 149,356<F2> <PP&E> 598,352<F3> <DEPRECIATION> 202,000 <TOTAL-ASSETS> 623,660 <CURRENT-LIABILITIES> 47,851 <BONDS> 223,396<F4> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 295 <OTHER-SE> 284,729<F5> <TOTAL-LIABILITY-AND-EQUITY> 623,660 <SALES> 234,540 <TOTAL-REVENUES> 234,540 <CGS> 158,065 <TOTAL-COSTS> 158,065<F6> <OTHER-EXPENSES> 23,000<F7> <LOSS-PROVISION> 0<F8> <INTEREST-EXPENSE> 6,588 <INCOME-PRETAX> 2,187 <INCOME-TAX> 800 <INCOME-CONTINUING> 1,387 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,387 <EPS-BASIC> 0.05 <EPS-DILUTED> 0.05 <FN> <F1>Gross trade receivables <F2>Total current assets <F3>Gross PP&E <F4>Long-term debt <F5>Total equity less common stock <F6>For Photronics, this amount is COS <F7>Operating expenses exclusive of COS, SG&A and R&D <F8>Bad debt expense </FN>