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To: ScotMcI who wrote (22873)8/12/1999 3:22:00 PM
From: TI2, TechInvestorToo  Read Replies (1) | Respond to of 25960
 
What is his track record for selling? It is common for insiders with incentive options ( and SEC trading restrictions) to sell on a somewhat regular basis for investment diversification reasons and to avoid share holder lawsuits. It also helps to pay the tax bill associated with those gains. What he sold is a minority portion of holdings- maybe he is building a new house- which he deserves :-)
TI2



To: ScotMcI who wrote (22873)8/12/1999 4:37:00 PM
From: BillyG  Read Replies (1) | Respond to of 25960
 
Etec to advance mask-pattern technology under $14.2 million DARPA contract

A service of Semiconductor Business News, CMP Media Inc.
Story posted 9 a.m. EST/6 a.m., PST, 8/12/99

HAYWARD, Calif--Etec Systems Inc. here today announced it has
received a $14.2 million contract from the U.S. Defense Advanced
Research Projects Agency for research into lithography and other
military-semiconductor manufacturing and microelectronics
technologies.

Under the contract, which is through the Space and Naval Warfare
Systems Center, Etec will conduct advanced research into
microcolumn and multi-source electron-beam technology for
advanced semiconductor manufacturing and mask patterning and
wafer direct write.

The award is part of a three-year, cost-sharing agreement expected
to total $28 million.

"The award is a recognition of the progress Etec has already made
in this area," said Mark Gesley, vice president of technology
development at Etec. "This added funding supports our goal of
demonstrating feasibility for multi-electron-beam patterning for
future device generations."

Etec will work with several other companies, such as Shipley Co., a
photoresist and chemicals supplier in Marlborough, Mass., as well
as Oregon Graduate Institute, Stanford University, the Naval
Research Lab, and the University of Texas.

Microcolumns are miniature versions of the much larger
electron-beam columns on Etec's advanced
mask-pattern-generation systems, which can handle 0.18-micron
mask production and early 0.13-micron mask development. By
employing microcolumns in arrays and by employing multiple
sources, Etec believes it could vastly improve throughput at
sub-100-nm design rules.

"Simply put, this would be like painting an area with a wide brush
rather than a single sharp pencil," Gesley said. "The longer write
times required for today's small mask geometries and future device
rules have contributed to higher overall mask costs. This
development work could be a very positive step toward lowering
the costs of masks for the semiconductor industry."