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Technology Stocks : Cymer (CYMI)
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To: BillyG who wrote (6112)10/23/1997 9:39:00 PM
From: FJB  Read Replies (1) of 25960
 
Excellent summation BillyG. Thanks a lot. I'd just like to add that although there is a forecast for only 500 DUV steppers to ship in '98 Cymer must ship more lasers than the actual number of tools in '98 because stepper companies require 3 to 6 months of time tuning(that's probably not the correct term) the laser to the stepper. So the DUV steppers that ship in the first third of '99 will get their lasers from Cymer in the latter part of '98.

This is in effect what they said in response to the ratio question. Management conservatively said the ratio would be between 1 and 1.5. The analyst believed it would be 1.5.

Bob
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