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

To: ScotMcI who wrote (25539)	9/6/2001 1:03:20 PM
From: Proud_Infidel	Respond to of 25960

Cymer sees Q3 revs, margins at low end of guidance SAN DIEGO, Sept 6 (Reuters) - Cymer Inc. (NasdaqNM:CYMI - news), the world's leading supplier of excimer light sources used in semiconductor manufacturing, said on Thursday it expects third-quarter revenue and gross margin to be in line with the lower end of the range of guidance provided in July. The company also said that certain expenses will be at the higher end of their ranges. Cymer Chairman and CEO Bob Akins said, ``As of today's date, the third quarter has developed, with a few exceptions, according to our expectations. We have seen a number of system pushouts, and a somewhat larger than anticipated decline in sales of spares and consumables. Therefore, we now expect third quarter revenue to be between 24 percent and 26 percent below the $70,411,000 recorded in the second quarter.'' He said the company also anticipates that gross margin will be at the lower end of the 37 percent to 40 percent range of previous guidance, while expenses such as research and development costs and sales, general and administrative costs are currently trending toward the high end of the range. The company said it continued to expect to post a loss for the third quarter and will report those results Oct. 23. Akins also said, ``If current trends continue, we would expect fourth-quarter revenue to decline from the levels expected in the third quarter.''

To: ScotMcI who wrote (25539)	9/6/2001 1:03:34 PM
From: Proud_Infidel	Respond to of 25960

Cymer sees Q3 revs, margins at low end of guidance SAN DIEGO, Sept 6 (Reuters) - Cymer Inc. (NasdaqNM:CYMI - news), the world's leading supplier of excimer light sources used in semiconductor manufacturing, said on Thursday it expects third-quarter revenue and gross margin to be in line with the lower end of the range of guidance provided in July. The company also said that certain expenses will be at the higher end of their ranges. Cymer Chairman and CEO Bob Akins said, ``As of today's date, the third quarter has developed, with a few exceptions, according to our expectations. We have seen a number of system pushouts, and a somewhat larger than anticipated decline in sales of spares and consumables. Therefore, we now expect third quarter revenue to be between 24 percent and 26 percent below the $70,411,000 recorded in the second quarter.'' He said the company also anticipates that gross margin will be at the lower end of the 37 percent to 40 percent range of previous guidance, while expenses such as research and development costs and sales, general and administrative costs are currently trending toward the high end of the range. The company said it continued to expect to post a loss for the third quarter and will report those results Oct. 23. Akins also said, ``If current trends continue, we would expect fourth-quarter revenue to decline from the levels expected in the third quarter.''

To: ScotMcI who wrote (25539)	9/10/2001 12:49:37 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25960

Cymer Installs 100th DUV Light Source in Singapore/Malaysia Region Milestone Installation in Southeast Asia Confirms Company's Reach as World's Leading Supplier of DUV Light Sources SAN DIEGO, Sept. 10 /PRNewswire/ -- Cymer, Inc. (Nasdaq: CYMI - news), the world's leading supplier of excimer light sources used in semiconductor manufacturing, today announced a major milestone with the installation of its 100th DUV excimer light source in the Singapore/Malaysia region. The installation of the 100th light source -- an ELS-6000(TM) -- took place recently at one of the leading DRAM joint-venture fabs in Singapore. Today's milestone reinforces Cymer's commitment to maintain its strong presence and market leadership in Southeast Asia, as well as across the globe. ``Because of Cymer's global market leadership, product leadership, and scientific leadership in light sources for semiconductor lithography applications, our light source has become the standard in semiconductor manufacturing,'' said Brian Klene, Cymer's senior vice president of marketing and business development. ``Our high value-add products provide the unmatched level of reliability that enables our customers to achieve an enhanced degree of manufacturing excellence and productivity and keep fabs running at optimal levels. Our ability to deliver immediate service, support, and lithographic process and manufacturing expertise are key differentiators in the marketplace. Today's milestone confirms our commitment to the Southeast Asia region, where we are currently the market leader in excimer light sources. Moreover, it underscores the growing global acceptance of our leading-edge DUV light sources among our direct customers and chipmakers alike.'' Cymer's ELS-6000, a 248nm krypton fluoride (KrF) laser, is a key enabler for advanced 200 mm and 300 mm steppers and scanners addressing 0.18 micron and below geometries. The ELS-6000 boasts performance features such as: FWHM bandwidth of 0.6 pm, 95 percent integrated energy integral of 2.0 pm, and energy dose stability of +/- 0.4 percent based on a 40-pulse window, all at a repetition rate of 2000 Hz. The modular design of the ELS-6000 also makes it ideal for accommodating future performance enhancements. Designed to support 0.7 numerical aperture (NA) lenses, this laser enables scanners to achieve their full resolution potential. Forward Looking Statements Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements include, but are not limited to, references to Cymer's continued strength and leadership in delivering the industry's most advanced light source solutions, and the growing global acceptance of Cymer's leading-edge DUV light sources. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties. Actual events or results may differ materially from those projected in such statements due to various factors, including but not limited to: risks associated with the introduction of a new product, including but not limited to the risk that the product does not perform as expected and the risk that the customer orders for and installations of the product will not occur; the demand for semiconductors in general, and, in particular, for leading-edge devices with smaller geometries; the rate at which semiconductor manufacturers take delivery of photolithography tools from the company's customers; delays or cancellations by customers of their orders; new and enhanced product offerings by competitors; the timing of customer orders, shipments and acceptances; inability by the company to meet its production and/or product development schedules; inability of the company to secure adequate supplies of critical components for its advanced products; and failure by the company to manage its expense levels and unanticipated expenses. For a discussion of these and other factors which may cause our actual events or results to differ from those projected, please refer to the company's most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as well as other subsequent filings with the Securities and Exchange Commission. Cymer, Inc. is the world's leading supplier of excimer laser illumination sources, the essential light source for deep ultraviolet (DUV) photolithography systems. DUV lithography is a key enabling technology, which has allowed the semiconductor industry to meet the exact specifications and manufacturing requirements for volume production of today's advanced semiconductor chips. Further information on Cymer may be obtained from the Company's SEC filings, the Internet at www.cymer.com or by contacting the company directly. NOTE: ELS 6000 is a trademark of Cymer, Inc. SOURCE: Cymer, Inc.