WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 5 <RESTATED><F1> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR YEAR YEAR YEAR <FISCAL-YEAR-END> DEC-31-1995 DEC-31-1996 DEC-31-1997 DEC-31-1998 <PERIOD-START> JAN-01-1995 JAN-01-1996 JAN-01-1997 JAN-01-1998 <PERIOD-END> DEC-31-1995 DEC-31-1996 DEC-31-1997 DEC-31-1998 <CASH> 15,243 12,455 12,376 12,875 <SECURITIES> 0 0 20,175 15,839 <RECEIVABLES> 21,934 22,115 40,576 17,055 <ALLOWANCES> (316) (382) (587) (622) <INVENTORY> 21,173 18,832 33,833 23,528 <CURRENT-ASSETS> 60,578 56,249 110,849 77,745 <PP&E> 13,110 20,394 25,764 30,980 <DEPRECIATION> (4,886) (7,769) (9,981) (14,778) <TOTAL-ASSETS> 71,888 72,517 136,545 107,736 <CURRENT-LIABILITIES> 19,133 12,884 33,661 14,520 <BONDS> 0 0 0 0 <PREFERRED-MANDATORY> 0 0 0 0 <PREFERRED> 0 0 0 0 <COMMON> 26 26 27 29 <OTHER-SE> 49,841 56,469 99,942 92,134 <TOTAL-LIABILITY-AND-EQUITY> 71,888 72,517 136,545 107,736 <SALES> 130,184 138,074 188,339 134,019 <TOTAL-REVENUES> 130,184 138,074 188,339 134,019 <CGS> 69,241 88,368 116,683 94,000 <TOTAL-COSTS> 69,241 88,368 116,683 94,000 <OTHER-EXPENSES> 34,050 39,448 49,889 54,767 <LOSS-PROVISION> 0 0 0 0 <INTEREST-EXPENSE> 690 340 553 340 <INCOME-PRETAX> 26,451 10,183 20,893 (14,547) <INCOME-TAX> 10,110 4,055 7,962 (3,522) <INCOME-CONTINUING> 16,341 6,128 12,931 (11,025) <DISCONTINUED> 0 0 0 0 <EXTRAORDINARY> 0 0 0 0 <CHANGES> 0 0 0 0 <NET-INCOME> 16,341 6,128 12,931 (11,025) <EPS-BASIC> 0.71 0.24 0.49 (0.38) <EPS-DILUTED> 0.68 0.23 0.48 (0.38) <FN> <F1> RESTATED PER POOLING MERGER OF ADVANCED ENERGY AND SEKIDENKO, INC. IN Q2 2000 </FN>