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Technology Stocks : Electro Scientific???
ESIO 29.990.0%Feb 1 4:00 PM EST
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To: vinh pham who wrote (374)4/16/1998 2:11:00 PM
From: Mark Oliver   of 723
 
Cognex Corp. entered into a multimillion-dollar OEM agreement with Nikon. Under the terms of the agreement, Cognex will supply in excess of $5 million of machine vision systems over the next two years for integration into Nikon's newest generation of wafer steppers. Nikon's steppers will rely on Cognex's 4000 Series machine vision systems to ensure that the wafer is positioned to submicron accuracy so that the IC patterns will be transferred to the correct location. "This order is a very important one for Cognex for many reasons. It is a sizable order. It is from one of the world's most respected companies. And, it opens up additional opportunities for us to work together in the future," said Cognex CEO Robert J. Shillman.

Is this a loss for AISI?

Regards,

Mark

PS I don't feel 12 inch wafers will be an issue in the near term.
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