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Technology Stocks : General Lithography

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To: Ronald D. Engelkes who wrote (518)	7/30/1997 4:03:00 AM
From: Artslaw	of 1305

<<What are your thoughts on today's market action, especially SVGI? Rumors in the pit?>> I have an observation on that question. All the DUV litho companies are on the decline. They all had a nice run up during the month, so it is probably just profit taking. I didn't like the trend and sold ASMLF yesterday morning. However, I'll happily buy it back, along with a little SVGI, when the drop subsides. SVGI, of course, has been dropping more (percentage-wise), but it was unreasonably run up on AMAT buyout speculation, so it was itching for some point shedding. Steve

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