Etec Systems moving up Message Board

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Technology Stocks : Etec Systems moving up

ETEC 0.150

0.0%

Sep 8 5:00 PM EST

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To: Ian@SI who wrote (1041)	7/19/1998 9:45:00 AM
From: jeffbas	Read Replies (1) of 1279

This is the key paragraph: "IBM researchers believe that it this technique is proven reliable in manufacturing, light stamps could become an economical way of making a variety of patterned optical devices -- such as polarizers, filters and gratings -- that require only one lithography step. They also hope to develop a version of the technique for IC fabrication using thin light stamps fused with highly accurate quartz plates that could be used for multiple lithography steps. " It looks to me to be a long way off. The process developed is not even for chip mfg and has not been proven reliable in mfg one litho step products. They "hope to develop" the extension for chip mfg. That said, I have always felt that the potential for development of new processes that obsolete or reduce the market potential for ETEC's products is a primary reason that it is unwise to pay a high P/E for ETEC.

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