QC Optics - hard disk/semiconductor defect detection Message Board

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Technology Stocks : QC Optics - hard disk/semiconductor defect detection

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To: FIFO_kid2 who wrote (6)	8/14/1997 2:06:00 PM
From: Jeff Grossman	of 29

The results were in line with expectations. The second half of the year is expected to be profitable - especially the fourth quarter. Here are the highlights from the press release: Eric T. Chase, President and Chief Executive Officer of QC Optics, Inc., commented, "Our decrease in sales for the quarter is attributable to the continued slow down in demand we have seen for capital equipment in the semiconductor industry, which we believe will recover in the second half of the year. Because of our low unit volume of high priced equipment, our quarterly sales and profits can, and have in the past, fluctuated." Mr. Chase continued, "We are pleased by the recent receipt of a series of orders, which were reported on July 15, 1997, from a major computer hard disk manufacturer for our DISKANs. We see continuing progress in the tendency towards 100% inspection in the computer hard disk industry. We believe this trend will afford the Company improved opportunities in the sale of our disk inspection equipment." The full press release is available at: biz.yahoo.com Jeff

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