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Technology Stocks : Silicon Valley Group
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To: j g cordes who wrote (1457)3/8/1998 2:25:00 PM
From: FJB  Read Replies (1) of 2946
 
Jim,

RE: is this company sitting on potentially weak orders?

If this is in reference to ASMLF, then no. Their orders are very strong, however, their Korean customers are having trouble coming up with financing - this is the major problem. MSDW estimates ASMLF will grow sales by 60% in '98.

If you are referring to SVGI, they get 10% of their business from Asia, so they are somewhat immune to the problems there.

Bob
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