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To: Mr. Aloha who wrote (11444)12/12/1997 7:56:00 AM
From: TideGlider  Respond to of 25960
 
COHR owns Lambda....if you go to the COHR site it is linked to
Lambda for simplicity. When they were hit for the earnings
shortfall the CEO was on CNBC and stated that the main reason
for the shortfall was the R&D money spent on Excimer lasers (DUV)
for photolithography.

The same can be read in their statements following the drop.

Bruce