Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: beanman who wrote (18846)	7/30/1998 3:29:00 PM
From: FJB	Read Replies (2) of 25960

beanman, RE:I think it is more important to look at R&D dollars at Lambda dedicated to DUV not revenue dollars. I think you will find (if you can) that they actually spend more than Cymer. Looking at Coherent's last 10K, the entire company spent about $37M on R&D in '97. Cymer is on a pace to spend about $32/33M this year. So my question to you is, how can LP have a larger R&D budget than Cymer when Coherent's as a whole is only slightly larger? In addition, LP must spread this R&D over multiple product lines(industrial, scientific and medical). sec.gov Something doesn't add up here. They'll probably do about $20M in sales in DUV litho, but they are spending 150% of that on R&D! Help me out.

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