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Technology Stocks : General Lithography

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To: John Wang who wrote (412)	6/26/1997 4:51:00 PM
From: Mark Jacox	of 1305

The trend for the next two year wave of Fab upgrades is DUV but my understanding is the limits of DUV are reached at or near the .25 - .18 area. Many managers are now re-reconsidering the DUV technology especially since X Ray lithography is all that is on the horizon that can take them down eventually to the .15 - .05 area. Why make the huge capital investment in DUV when in two years none of the DUV Fab infrastructure will work with the next equipment upgrade cycle to X Ray. Many companies may be left in the dust and UTEK may be one of them.

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