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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Sam Citron who wrote (59259)	1/23/2002 3:23:11 PM
From: Cary Salsberg	Read Replies (1) \| Respond to of 70976

Lithography: 3 companies - ASML, Nikon, Canon - In good times they usually can't meet demand and have very long order lead times. I don't expect that their customers are that price sensitive. Etch: 2 companies - AMAT and LRCX - these guys are "family" and I suspect they know the dangers of price competition and manage it very profitably. CVD and PVD: 2 companies - AMAT and NVLS - not "family" but I suspect the same effect. Inspection and Measurement: 1 company - KLAC - always looking over its shoulder at AMAT. LLTC has been the best on profitability, up to 45%. MXIM is close, but that is it. Semi-equips don't have such high margins, but AMAT passed 20% last up cycle.