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 : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Cary Salsberg who wrote (3206)	10/30/1997 10:53:00 AM
From: Sam Citron	Respond to of 10921

SVGI Conf call live notes CFO: lots of red on stock prices this AM. hope this will be the turnaround Papkin: happy bookings good 4Q SIA sees 15%+ CAGR next 4 yrs in chips next few years expect good growt for the company and we are ready for it CFO: pretty good q BTB 1.2 .26 eps right on street expectation new customer in the fold: Korean ordered 6 Micrascans sales up 18% different mix: greater % lith (doubled) Thermco sales down GM down: caused by lower Thermco vol & 200APS prod line R&D up 4M (12% sales) 193 program, enhancements, and 300 mm pgm SGA up due to service and support bookings at record level rcvd 35 tool orders in Q total orders in lith: 75 tools (pretty robust) 4Q shipments +5% ex preceding Q 1/2 ships are lith re anxiety in Pac Rim: 10% of ttl vol in Pac Rim (not lots of exposure) lith: this yr bellweather yr adding second bldg in Wilton, Conn. shipped 12 tools to custs (flat) had major optics rebuild for a cust production up a couple of tools... in line w/ what we thought .25 tools up 50% on Q all tools shipped this Q monostage w/ 20% improvement in thruput GM up 2.5 pct. pts. despite rev decline in Thermco bal sheet remains healthy spent 85M mainly for lith rcvbls 140M backlog $420M now polling Qs

To: Cary Salsberg who wrote (3206)	10/30/1997 10:58:00 AM
From: Sam Citron	Respond to of 10921

Papken on 300 mm transition: few cos willing to purchase creating dilemma for industry efficiency of current tools excellent transition will take several yrs nobody wants to be 1st 300mm buyer or last 200mm buyer

To: Cary Salsberg who wrote (3206)	10/30/1997 11:04:00 AM
From: Sam Citron	Respond to of 10921

SVGI Notes (continued) RE: DUV production difficulties [at ASMLF and CYMI] and result on orders CFO: weve shipped about 120 DUV step and scan tools 75% of tools shipped last Q .25mu we don't know about problems of our competitors we've not had problems with laser source industry testing CYMI's integrity of manufacture

To: Cary Salsberg who wrote (3206)	10/30/1997 11:27:00 AM
From: Sam Citron	Respond to of 10921

SVGI conf notes cont. we are increasing test bays 35 now 50 next yr reducing cycle time re Tinsley acquisition: all sys go, cleared by FTC Tinsley shareholders meet 11/25 or 11/26 [for vote] SVG can use their optic production help Tinsley is aspheric lens house aspheric will become more impt looking to have Tinsley produce spherical lenses also looking to expand ttl bandwith with computer deterministic and metrology what is Thermco problem?: currency $/yen problem : competition is in Japan predatory pricing by Japanese (also issue in Track) no issues in manufacturing improvement in Thermco manufacturing efficiencies customers took a pause product wise, we measure up well to competition ASP 6.5 M? too high spares and service ASP 4M-7M depending on Micrascan II or III new Korean customer: DRAM not logic shrinking 64, and then to 256 thinks order is for 1 fab depending on success, may expand to other fabs 200APS: we will see some bumps along the way, but think majority behind us stock price: affected by options exercises about 1.5M shares will be issued for Tinsley EUV program w Nikon: we're very interested in participating w/ Intel we're in negotiations w/ INTC on this so not appropriate to comment blended avg selling price: depends on area of world IIIs high 5M to low 6M sustainability of this level of GM: improvement in Track helped this Q lith improved blended at 40% this yr expect improvement in GM 2Half next yr (tho not dramatic) ship trends: Q4 80% dom 10% EU 10% Pac Rim