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: Zeev Hed who wrote (13111)	1/26/1998 5:08:00 PM
From: FJB	Read Replies (1) \| Respond to of 25960

Zeev, Cymer will have excess capacity for some time. I still haven't seen a press release citing the other vendors as the light source for ANY model of DUV stepper. Nikon appears to be the company most anxious to get away from Cymer's onerous hold on the 248nm market, yet they want to go with Komatsu. ASML, Lambda's most natural partner, appears to be going with Cymer(mentioned in press releases). Canon mentions Cymer in their product literature. SVGI is strictly a Cymer customer. I do recall Nikon was developing a unique stepper interface according to what I read on the thread, perhaps, for the purposes of using the Komatsu laser. But Nikon appears to be losing market share in DUV. Yeah, it makes sense. IF Cymer's competitors capture huge market share, Cymer's stock doesn't appreciate. But the competitor's lack of success to this point, gives me reason to be encouraged. Cymer has captured more market share than it has lost in this market, so will the tide turn? It is certainly possible, but I'm happy to bet on Cymer. Cheers, Bob

To: Zeev Hed who wrote (13111)	1/26/1998 6:22:00 PM
From: FJB	Read Replies (2) \| Respond to of 25960

Zeev, I was just taking a look at my spreadsheet and $0.24 looks like a good estimate to me also. Before I changed it, it hadn't relected the increased labor costs as discussed by Cymeed and I had not taken into account the one time charges from last Q. What should interest expense look like in this Q? Bob

To: Zeev Hed who wrote (13111)	1/27/1998 2:06:00 PM
From: Tulvio Durand	Read Replies (1) \| Respond to of 25960

I view Cymer's excess capacity as a marketing plus vis a vis the competition who has not yet demonstrated volume production capability. Remember also how long and difficult the production rampup was for Cymer; surely it will not be easier or quicker for Komatsu or Lambda Physik. Also, according to Akins, it is the end user who specifies which laser is used in the stepper. As of last Sept. all chip makers' DUV stepper orders into Nikon, Cannon and ASM had specified the Cymer laser, according to Akins. And as Robert Grutza pointed out, SVGI is strictly a Cymer customer. Now considering all the learning that goes into readying the new tool for production I doubt that chip makers will want a different variety tool unless it promises a greater sustainable throughput. And the greater throughput and reliability of the Cymer laser is where the battle is being won. All else is BS. Tulvio