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Technology Stocks : SEMITOOL (SMTL):Is it a hold?

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To: SemiBull who wrote (685)4/29/1998 4:06:00 AM
From: Q.  Read Replies (2) of 973
 
Does anybody know if YILD (Yield UP) is a direct competitor to SMTL's cleaning/drying tools? I've noticed their sales are zooming, at a time when SMTL's are sagging, suggesting that perhaps YILD is taking a market share from SMTL's core product lines. YILD's revenues are still only 10% of SMTL's, but I wonder if this is a sign of trouble, just the same:

Here are some blurbs from YILD's news release yesterday:

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--April 28, 1998--YieldUP
International Corporation (NASDAQ:YILD, YILDZ) announced today first
quarter results for the period ending March 31, 1998. Revenues for the
first quarter of 1998 were $3,961,151, compared to $913,000 for the
same period a year ago, an increase of 334 percent over first quarter
1997.

YieldUP International, founded in 1993, develops, manufactures
and markets innovative cleaning, rinsing and drying equipment designed
to enable new processes and improve manufacturing yields in the
semiconductor and other defect-sensitive industries such as flat panel
displays and magnetic disks. Visit YieldUP's website at
www.yieldup.com ...
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