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Technology Stocks : Cymer (CYMI)

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To: craig crawford who wrote (6071)10/23/1997 6:43:00 PM
From: john d  Read Replies (1) of 25960
 
Cymer sees big near term revenue growth

SAN DIEGO, Oct 23 (Reuters) - Cymer Inc said Thursday it
expects its strong revenue growth to continue, at least in the
short term.
"Based on our September 30 backlog and significant orders
received since the close of the third quarter and on customer
forecasts, we currently expect continued sequential revenue
growth for at least the next two quarters," President and Chief
Executive Officer Robert Atkins said in a statement.
Earlier Thursday, Cymer reported that revenue in its third
quarter rose to $57.5 million from $18.3 million in the year-
ago quarter.

REUTERS
Rtr 17:47 10-23-97

Copyright 1997, Reuters News Service
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