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: Mr. Aloha who wrote (10231)	11/21/1997 3:28:00 PM
From: D.J.Smyth	Read Replies (1) \| Respond to of 25960

here is Dow Jones on the downgrade by Adams Harkness: (note that no real reason other than dram prices is given. a source at texas instruments tells us that dram prices will firm early next year as two major producers will be vacating the field limiting supply) 14:10 DJS Adams Harkness & Hill Downgrades Ratings Of Chip Companies 4:10 DJS Adams Harkness & Hill Downgrades Ratings Of Chip Companies NEW YORK -(Dow Jones)- Adams Harkness & Hill Inc. downgraded the semiconductor capital-equipment sector, a source at the firm said Friday. The source attributed the downgrade to the firm's deteriorating outlook for dynamic random access memory chip-related capital spending in 1998 and 1999. This view is influenced by the continuing decline in DRAM prices and problems in the financial infrastructures of various Far East countries, particularly South Korea. Applied Materials Inc. (AMAT), Helix Technology Corp. (HELX), ADE Corp. (ADEX), Asyst Technologies Inc. (ASYT), ASM Lithography Holding N.V. (ASMLF), KLA-Tencor Corp. (KLAC), Novellus Systems Inc. (NVLS) and PRI Automation Inc. (PRIA) were cut to "market perform" from "attractive." Aseco Corp. (ASEC) was lowered to "attractive" from "buy," while Ultratech Stepper Inc. (UTEK), Lam Research Corp. (LRCX) and Cymer Inc. (CYMI) were reduced to "underperform" from "market perform." Adams Harkness & Hill opted to keep its "attractive" rating on Veeco Instruments Inc. (VECO) and Teradyne Inc. (TER). The source said the firm expects demand for semiconductor test equipment, such as the kind made by Teradyne, to remain robust at least through the end of 1998. No additional information on Veeco was made available. Copyright (c) 1997 Dow Jones & Company, Inc. All Rights Reserved. (:ADEX) (:AMAT) (:ASEC) (:ASMLF) (:ASYT) (:CYMI) (:HELX) (:KLAC) (:LRCX) (:N.ASL) ) 11/21 2:10p CSTEOF

To: Mr. Aloha who wrote (10231)	11/21/1997 8:41:00 PM
From: Mr. Aloha	Respond to of 25960

IF ANYONE HAS QUESTIONS TO 40% GROWTH IN 1998, IT'S RIGHT HERE... techstocks.com It doesn't mean it will happen of course, but CYMER would go blabbing it around town after the conference call incident if they didn't feel it was achievable etc... Aloha

To: Mr. Aloha who wrote (10231)	11/21/1997 11:58:00 PM
From: Mason Barge	Read Replies (1) \| Respond to of 25960

<<With such strong demand, how long before we hear that DUV is ready to roll in mass quantity?>> Of my many faults, a lack of willingness to give an opinion is notably absent. I think the stepper market will wake up maybe late spring 1998 and, if no big competition has come along to trim Cymer's long-term prospects, we'll see a rise to the mid-30's. It would nice to think we'd get another round of hysteria, but I doubt it. Actually, it's starting to get reasonably attractive right now, for anyone who wants to make sure they don't miss the boat and can hold it for 6 or 8 months. But for the hundredth time, why bother? The back-end (especially test) companies will come up just as much, and with a lot less risk. My advice: buy EGLS now, sell it when AMAT makes a tender offer, and buy TER or whatever's particularly depressed that week.