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Technology Stocks : General Lithography
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To: Ian@SI who wrote (1028)5/29/1998 4:03:00 PM
From: jeffbas   of 1305
 
Ian, something occurred to me to ask. Your last paragraph made me wonder if the difficulty of manufacture means that ETEC's technology is almost at the end of the line in terms of capability? If so, how serious are the implications for that company as well as those that use its products. In fact, I wonder if the ETEC price is responding to the "relaxation" of specs from .15 to .18, almost as much as the poorer earnings outlook - in that it may signify that ETEC is at the end of the road. What do you think?
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