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Technology Stocks : Cymer (CYMI)

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To: F. Lynn who wrote (7201)10/29/1997 5:51:00 PM
From: BillyG   of 25960
 
All signs point to huge growth in next-generation semiconductor processing equipment.................

techweb.cmp.com

service of Semiconductor Business News, CMP Media Inc.
Story posted at 2:30 p.m. EDT/11:30 a.m. PDT, 10/29/97

Advantest profits up sharply

TOKYO -- Advantest Corp. here today reported net profits of $134 million
(16.34 billion yen) for the six months ended Sept. 30 -- a sharp 76%
increase over $76 million (9.27 billion yen) for the same period a year ago.

Sales for the six months totaled $942 million (115 billion yen), up 61 percent
from $586 million (72 billion yen) for the similar 1996 period.

Officials of the semiconductor test equipment firm attributed the gain in
earnings and sales to a resurgence of orders from chip makers moving into
next-generation production lines.
Advantest said sales of semiconductor test
systems jumped 68% to $844 million in the half, accounting to 90% of total
sales. Exports increased 131% to $$600 million.

Officials forecast that sales for the fiscal year ending next March 31, 1998
will reach $1.9 billion (230 billion yen, with pretax earnings expected to be
about $532 million.
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