Char,
RE:I read in the latest earnings report
Directly from last Q's earnings report:
"As a result of these factors, and based on information currently
available to us, we anticipate a reduction in our revenues by 10
to 15 percent in the first quarter of 1998 from fourth quarter
levels. We will closely monitor the situation going forward,
consulting with customers on an ongoing basis to ensure that
their laser inventory levels are in line with the current demand
scenario," noted Akins.
Akins concluded, "1998 will be a year in which our plan is to
further distance Cymer from the competition through increased
investments throughout the year in: 1) aggressive R&D and
manufacturing programs to develop and deliver the higher
performance products that will enable higher average selling
prices; and 2) further expansion of our global service and
support network to support our growing installed based of
DUV lasers in production. We currently expect that the
investments needed to fund these critical future-oriented
efforts, coupled with the anticipated revenue decline, will
reduce our quarterly earnings by $0.10 - $0.15 per share in the
first quarter of 1998, as compared to our just announced fourth
quarter."
cymer.com
Bob
PS. Please take some time to read about the company. If you spent several minutes reading, you could save time in terms of not having to ask such basic questions and spare the thread from having to rehash old points. |
