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Technology Stocks : Cymer (CYMI)

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To: diana g who wrote (10982)12/4/1997 5:33:00 PM
From: Yakov Lurye  Read Replies (2) of 25960
 
Diana,

IMHO, problems mentioned by SI Engineer are now largely under control. I base this on remarks made during the conference, on the announcement of service agreement with SVGI, etc.

Last 10Q states that they had to make some series 5000 design and software changes and replace some parts - this resulted in $6.4m charge for warranty provisions last quarter. Assuming that the fixes are already in place, next quarter margins should be higher.

Regards,

Y.
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