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Technology Stocks : Cymer (CYMI)

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To: ScotMcI who wrote (23124)9/30/1999 8:37:00 PM
From: ScotMcI  Read Replies (1) of 25960
 
Found this on the Motley Fool boards and thought it worth reposting here.

Saw in the paper the other day that Cymer is opening an office in Europe. Probably to have a presence at ASML (MAJOR stepper/scanner manufacturer) based in Holland. The chief local competition Cymer has in Europe is Lambda Physik. I have some experience with Lambda's high power lasers and while they were OK did not compare with Cymers. (I know this comparing apples to oranges to bananas - Lambda high power excimer goes for ~$150K, Cymers ~$480K => quite different. Also the high power excimers are different animals from the lithography lasers so to extrapolate the comparison may be suspect.) IMHO the significance of the EU office is that Cymer is becoming more responsive to its customers. From what I understand Cymer has historically taken the position that "we're number 1" and the customer will come to us. I see this as a very positive change in marketing philosophy.
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