Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 149.40

-2.6%

3:35 PM EST

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To: maceng2 who wrote (10375)	6/11/2002 10:51:30 AM
From: maceng2	of 10921

Cymer reaffirms 15-20% growth forecast for Q2 Semiconductor Business News (06/10/02 17:13 p.m. EST) SAN DIEGO -- Cymer Inc. today announced it expects second-quarter results to be in line with the company's previous guidance. "As of today, the second quarter has developed according to our expectations,” said Bob Akins, Cymer's chairman and chief executive, in a statement. "As of today, the second quarter has developed according to our expectations. We continue to expect that total revenue in the second quarter of 2002 will increase between 15 and 20 percent over the $61,983,000 in revenue posted in the first quarter of this year,” he said. “We also expect our foreign currency adjusted average selling price to be in the $725,000 range and gross margin to be in arange of 45 to 48 percent,” he said. “We are also targeting research and development spending to be at approximately 23 to 25 percent of revenue, and anticipate that selling, general and administrative expenses will be approximately 11 to 13 percent of revenue,” he said. siliconstrategies.com

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