SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : FSII - The Worst is Over?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Marc Bejarano who wrote (2481)6/10/1999 9:03:00 AM
From: SMH2   of 2754
 
> pretty big news... FSII will sell its chemical management division for $38 million. with our current
> market cap of $200 million, do people think this is a good price? a good time to sell? i guess fsi is
> hemorrhaging pretty heavily right now. with less than $35 >million in revenues for each of the last two
> quarters for the whole company, i guess the price isn't bad... anybody know the revenue breakdown
> for microlithography, surface conditioning, and chemical management?

This move was widely rumored within FSI late last year. The reality is that an chemical distribution equipment supplier cannot compete with the chemical suppliers who also supply chemical distribution equipment, so I see this as a big positive move for FSI. It will let them focus their limited resources on the markets that they are competitive in.

As far as revenue breakdown, microlith typically accounted for 35%, surface 25%, chem management 20%, with the balance service/spare parts.

Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News