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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (41442)	3/19/2001 7:48:23 AM
From: LTK007	Respond to of 56537

quote from DPMI warning <<``Typically, design activity remains strong across all product types during early phases of a weakening semiconductor market,'' said Peter Kirlin, chairman and chief executive officer of DuPont Photomasks. ``However, given the unprecedented breadth, depth and steepness of the current downturn, our customers are rapidly implementing significant cost cutting measures, including a slowdown in design releases especially at the trailing edge. This softening of demand for trailing edge photomasks is occurring a few quarters earlier than anticipated. Despite continued strong demand for advanced products, a fall-off in unit volume in the trailing edge segment is causing a slowdown of our growth rate.'' ``In order to help manage our costs during these uncertain times, we are reducing discretionary spending and capital investment, and we have implemented a headcount freeze across the company. The headcount freeze exempts our research and development organization. We are continuing to drive development of advanced photomask process and product technologies to ensure we maintain a technology leadership position in the advanced photomask segment at 0.18 micron and below device design rules.'' >>