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Non-Tech : Invest / LTD

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To: The Ox who wrote (7998)3/30/1999 9:04:00 PM
From: SJS  Read Replies (2) of 14427
 
Mike, ALL:

We're starting to see a few of these "fringe" chip equipment mfgs looking on the softer side, so be nimble on others in the same arena... Anyone know who are ETEC competitors? Are they experiencing the same issues?
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Etec Systems (ETEC) 43 1/8 -1 1/8: chip equipment maker warns that Q3 earnings will post at $0.10 a share (vs First Call mean estimate of $0.26); company expects Q4 earnings to fall in the range of $0.10 to $0.15 a share; ETEC plans to reduce its workforce by approx. 90 employees; company says pickup in orders seen in it's Q2 has not continued; believes pattern generation system demand is unlikely to improve for the remainder of the yr;

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