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Technology Stocks : Cymer (CYMI)
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To: Mani Ahmadi who wrote (18454)7/14/1998 9:59:00 AM
From: Ginko   of 25960
 
Akins on CNBC this morning with Mark Haines. Missed all but last few minutes. If anyone else can add more comments, please do so.

Akins stated that next two quarters will be flat. Haines asked the audacious question, "Are you afraid that after these next two quarters, that this business (i.e. chip manufacturing) will just stop?". Contrary to that, Akins indicated that much like the last down cycle, you tend to get a knee-jerk reaction from companies overspending to retool.
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