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Technology Stocks : Cymer (CYMI) NEWS ONLY!

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To: FJB who wrote (472)	4/14/1998 11:35:00 AM
From: pat mudge	of 582

Today's morning call from MS-DW features a basket of semiconductor equipment stocks, including Cymer: <<< We are introducing our Deep Ultraviolet Photolithography Food Chain investment thesis, which is predicated on the belief that a basket of leading-edge photolithography and photomask suppliers can substantially outperform the Philadelphia Semiconductor Index. The stocks in the basket are ASM Lithography (ASMLF -- 88-58), Cymer (CYMI - 21-0), Dupont Photomask (DPMI - 41- NR), Etec Systems (ETEC- 54-0), and Photronics (PLAB- 29-NR). We believe this will be the most compelling semiconductor equipment industry theme for the next five years. We expect the photolithography equipment and photomask suppliers to experience exceptional ASP expansion and unit growth in the foreseeable future.>>>

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