Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (22844)	8/10/1999 9:55:00 AM
From: Sunny	Respond to of 25960

Geoffrey Moore in "Inside the Tornado" describes how technical companies grow by first becoming a dominant player in a niche and then expanding along 2 lines. 1. Taking the product into other niches that can use the same product or an extension of it and 2. building along customer lines. This is referred to as "in the bowling alley". since CYMI has such a dominant position in its field it can't exactly follow the 2nd path. To me that only leads to moving on to other applications that can take advantage of the technology or developing a completely new product line. As is now it appears that CYMI has reduced its dependence upon new fab construction or changes overs to shorter wave length lasers by building their service network. My question is will it be enough? Sunny

To: Zeev Hed who wrote (22844)	8/10/1999 2:12:00 PM
From: FJB	Read Replies (1) \| Respond to of 25960

Zeev, It is quite possible that this is even too early in CYMI "corporate life", since we must assume that they are still struggling to execute the establishment of a "market driven" philosophy within the market they operate (thus the very large expenditures last year in establishing a worldwide service organization). Yes, Cymer is too young to diversify and losing its focus now could be bad. As far as being market driven, that is the only reason they have been successful to this point. Acquiring a solid-state DUV laser company may prove to be a good move in the future. What are the turnips saying about Cymer and the SOX? I would guess they don't like the current action. Bob