From http://dev.mysql.com/doc/refman/5.0/en/user-variables.html :
"For SET, you can use either = or: = as the assignment operator.
, SET. : = not = = , SET:
mysql> SET @t1=0, @t2=0, @t3=0;
mysql> SELECT @t1:=(@t2:=1)+@t3:=4,@t1,@t2,@t3;
+----------------------+------+------+------+
| @t1:=(@t2:=1)+@t3:=4 | @t1 | @t2 | @t3 |
+----------------------+------+------+------+
| 5 | 5 | 1 | 4 |
+----------------------+------+------+------+
"