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.

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

To: nycnpbbkr who wrote (6165)	10/24/1997 1:23:00 AM
From: AJM	Read Replies (3) \| Respond to of 25960

"...Significant orders received since the close of the third quarter and on customer forecasts..." said Akins This is my favorite line from the conference call. CYMI has built capacity to produce 1000 lasers/year, yet will run at only about 75% of that capacity in 1998. Economically, that is not a smart move if they don't plan on using that capacity in the near future (MicroEconomics 101). (It's like buying a large jar of mayonnaise because, per ounce, it's cheaper than a jar half it's size. However before you can use half of the mayonnaise in the large jar, it spoils and you have to throw the rest of it away) Eventhough Akins and Angus couldn't comment beyond two quarters, you can imply that they plan on approaching 100% of capacity by 1999. I'd say that the stepper manufacturers have some large appetites!! ajm