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Technology Stocks : FSII - The Worst is Over? -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (1561)	10/27/1997 2:16:00 PM
From: Kent Sarikaya	Read Replies (1) \| Respond to of 2754

What an opportunity, oh I wish I had some cash! Nasdaq was down near 100 points today, come on now that's getting rediculous.

To: Donald Wennerstrom who wrote (1561)	10/27/1997 4:53:00 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 2754

Donald: 36% of FSII's revenues were derived from foreign sales in fiscal '97. Of this 36%, roughly 10% was of total sales ($252.4m) was attributed to Asia ex Japan, 5% to Japan and 21% to Europe. Bottom line: FSII has a 10% exposure to the Asian countries with currency risk. Spoke with IR today and was told that VP of International Sales was in Asia this past weekend and told her this morning that customers have indicated no change in orders for future due to currency situation. If FSII conference call were held today, nothing would have changed. Why? The big reason is that chip manufacturers must move to smaller geometries in order to compete. Bagley of Lam had these same thoughts. See: techstocks.com