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Technology Stocks : Helix Technology, a cold play on semiconductor equipment
HELX 38.08+0.3%Nov 26 4:00 PM EST

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To: John Finley who wrote (950)9/7/2001 6:46:55 PM
From: Artslaw  Read Replies (2) of 1227
 
I second John's comment. E-beam has always been able to make small feature sizes--that's why they use e-beam lithography to make the reticles that are used in the optical litho steps to make the chips. The time it takes to scan an e-beam to "draw" a circuit is orders of magnitude slower than the time it takes a litho tool to expose the same design onto a wafer. It's not a cost-effective solution for mass production.

Wouldn't worry about this technology hurting Helix. The worst thing that could happen to Helix would be AMAT's share price dropping. Helix effectively tracks AMAT almost without exception (averaged out over a week). As a side note, a friend of mine recently shorted Helix because of its relative strength (i.e. should have already dropped further). He has been complaining because it still hasn't been falling, even when a majority of the semi-caps have. Originally I figured it was due to the diversification of Helix into other areas (medical, for one), but actually I think it is probably just because AMAT has been hanging in there as well. . .We'll see (I don't hold a position either way).

On a barely-related-to-Helix-note: if you short Helix (or any other dividending stock), do you have to pay the dividend to the person who bought it? Seems like you would, but I've never heard of this happening.

Steve
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