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Technology Stocks : Silicon Valley Group
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To: Juniper who wrote (455)5/12/1997 8:03:00 PM
From: Cary Salsberg   of 2946
 
Juniper,

SVGI has no track record for delivering and supporting a high volume of production Micrascans. Most of the other large semi-equips, don't have this kind of uncertainty hanging over them and have been accorded much higher valuations. There is a window of opportunity for SVGI, but if they can't perform, customers will move on to larger, more reliable competitors and will ignore the technology leadership of SVGI's lithography tools.

Cary
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