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Technology Stocks : Cymer (CYMI)

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To: TI2, TechInvestorToo who wrote (17643)5/20/1998 8:42:00 PM
From: pat mudge  Read Replies (2) of 25960
 
Mr. Yomazzo noted that photomask demand in both the Asian and European semiconductor markets has increased. ''Many of our customers have been utilizing the foundries in Asia to supplement their capacity requirements and to take advantage of the investments being made in new deep sub-micron process technology. As a result, photomask demand for devices contracted to the foundry market has remained relatively healthy.'' ''At the same time,'' he added, ''growth in the European semiconductor industry continues to generate significant opportunities for our manufacturing network in that region. Our state-of-the-art facility in Manchester, England, in particular, is an excellent platform from which to service an increasing volume of business from European customers requiring advanced technology and service.''

Doesn't this show strength in CYMI's market?

Pat
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