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To: StanX Long who wrote (61995)	3/13/2002 1:08:24 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

SEZ won't repeat bullish growth forecast--yet--but sees recovery ahead Semiconductor Business News (03/12/02 10:36 a.m. EST) siliconstrategies.com VILLACH, Austria -- Semiconductor equipment supplier SEZ Group today confirmed an earlier estimate of 28.5% sales growth in 2001--the worst downturn year ever in chip industry history--and the Austrian company predicted a mid-term recovery in 2002 for the troubled fab-manufacturing sector. The supplier of wafer cleaning and surface preparation tools said it has been seeing the first signs of recovery in the global semiconductor industry. But while visibility has improved, SEZ said it is still unable to issue a "reliable forecast" for 2002. A year ago, however, SEZ surprised many industry observers by predicting it would grow revenues by 48% in 2001 over 2000 even though the severe downturn in chip markets and the fab equipment business had begun. Last fall, SEZ modified its bullish growth forecast, but it still predicted revenues would grow in a range of 28-to-33% over sales in 2000.