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Technology Stocks : Tower Semiconductor

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To: Creditman who wrote (1829)	10/5/1999 1:58:00 PM
From: yosi s	Read Replies (1) of 1853

Annual meeting went well Production with current products mixed is at high capacity.'Tower looking to increase capacity. Yet this is low margin,my guess as profitability is still projected mid 2000 . new tech o.35 micron is in production and increasing. They still are waiting for the big order to come for CMOS. though KODAK looked and was impressed by the product. Microflash still in development. they are looking for production to one client for year end. SNDK was mentioned as looking at microflash. So in summary. Still bright future, yet it is not just here yet...

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