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: Sam Citron who wrote (3265)	11/2/1997 9:07:00 PM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 10921

Sam and all: The Fleckenstein blurb on Cymer is just another short seller's tale in a corrective bull market. GE makes light bulbs; Cymer makes lasers. I believe the techology will be around at least through .10u at this time. DUV is rapidly becoming the litho tool of choice and necessity for .25u and below. Once there is an installed base, engineers will find a way to get maximum use out of the product life cycle as has been done with other litho tools. See Andrew Vance, et al. It is hardly going away; it is just beginning. Cymer executives project 40% growth in sales revenues for 1998 in a recent NYT article. I think VLSI numbers support this projection for years to come. Cymer has a near monopoly position akin to Intel's at between 80 and 90%. They are the laser of choice at this time. There has been no third party confirmation of an better laser than Cymer's to my knowledge. And as time goes by and Cymer establishes its presence in the fabs, it may well be too late for other to catch up. Cymer's price fall has made it one of my favorite forward PEG selections in semi-equipment sector. I view CYMI as a no-brainer at this price of $23 per share.

To: Sam Citron who wrote (3265)	11/3/1997 10:20:00 AM
From: Teri Skogerboe	Respond to of 10921

Sam, Thanks for your thoughts on Cymer. I still have no position in CYMI, and am not really dying to start one. I was mostly just curious if the Cymer followers thought Fleckenstein was well-versed in this company. This is an interesting article from Electronic Business. eb-mag.com excerpt: "The man who would later become chief executive officer of Applied Materials Inc. in Santa Clara took his studies to heart. During the 1980s, when the U.S. chip industry feared it was losing the technology race with Japan, Morgan and his management team at Applied transformed the company into a global titan that even grabbed a sizable foothold in Japan." Regards, Teri