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Technology Stocks : PRI Automation up 30%

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To: Ken Peterson who wrote ()5/17/1996 8:52:00 PM
From: Philip H. Lee   of 193
 
H&Q report, dated 4/24.

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Source - Nelson's Insitutional Research Headlines

Headline: "On target 2Q, strong order pattern, minimal DRAM exposure"
Analyst Mark F. Fitzgerald
Rating: "Buy"
2Q eps est: 0.42
1996 eps est: 1.87
1997 eps est: 2.60

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From PRI's brochure on "Interbay Automation"-

Fabwide space savings: 42% reduction in footprint using stocker instead of manual rack. 93% reduction in Cleanroom Linear Space.

Features and Benefits of the PRI system -
Improved cleanliness/handling --> improves line and probe yield
On-time material delivery --> maximizies equipment utiliztion
Streamlined material mgmt --> reduces cycle time and work-in=process
Automated tracking --> increases operator productivity
High density storage --> optimizes fab floor space

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PRI is a fantastic growth story with little DRAM exposure. As the semi industry moves toward larger and larger wafers, automation is extremely important. Humans can't carry the heavier wafer cassettes around the fab anymore.

Philip
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