Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: FJB who wrote (21589)	4/6/1999 5:15:00 PM
From: Wolverine	Read Replies (1) of 25960

Possible explanation of the weakness in CYMI from Briefing.com: Silicon Valley Group Inc. (SVGI) 13 9/16: manufacturer of automated wafer processing equipment warns that fiscal Q2 revenues will be approximately 30% below the $85,487,000 revenue reported in Q1; lower revenue trend is prompted by lower than expected revenue of its lithography products caused by the timing of customer requirements and a minor production delay of its latest laser-based lithography product; due to backlog in lithography products, expects revenues to be significantly higher in Q3 and Q4 than that of the first half of the fiscal year; according to First Call, company is projected to lose $0.33 in Q2, vs year-ago profit of $0.29 a share. Regards, Wolverine

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