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Technology Stocks : CoorsTek - in with the millennium -- Ignore unavailable to you. Want to Upgrade?


To: John Finley who wrote (47)9/7/2000 5:31:52 PM
From: kinkblot  Read Replies (2) | Respond to of 52
 
E News 08/28/00: CoorsTek Brews Plastics and Metals

electronicnews.com

"In early 1999, we began manufacturing precision-machine metals for the semiconductor capital equipment market. Now by year-end 2000, we're projecting this high-growth segment to represent 50 percent of our revenue base." --Joseph Coors Jr.

That segment is certainly high-growth at the moment, but this strategy will also increase the cyclicality of Coorstek's business and probably customer concentration as well. Otoh, they could do worse than riding the coattails of Applied and Lam Research.

WT