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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 158.18+2.2%Dec 2 3:59 PM EST
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To: Madharry who wrote (7972)7/10/1999 1:04:00 AM
From: David Rosenthal   of 10921
 
Armin,

I am hardly an expert. However, Tower does not compete with the leading edge fabs. Tower's capability is at least a couple of generations behind. The company is transitioning to a specialty fab with emphasis on chips with proprietary embedded high density flash and CMOS imaging. Tower's stock price is tied to the success of these new products and not the foundry business. No major contracts have been announced yet.

Hope this helps,

Dave
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