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To: John Fedak who wrote (13464)1/29/1998 7:03:00 PM
From: John Fedak  Respond to of 25960
 
cc comments:

Bob:
1997 a "watershed year". All expectations met.
Key 1997 events:
Doubled manufacturing capacity.
Global infrastructure development.
4->9 support offices. Tripled customer support staff
R&D progress. Reliability improvements.
Tech for ArF laser developed.
Complete suite of advanced laser models.



To: John Fedak who wrote (13464)1/29/1998 7:08:00 PM
From: John Fedak  Read Replies (1) | Respond to of 25960
 
cc continued:

Bill:
- margin improvement due to inc revenue and no more
reserves for "big 5" improvement problem. program will
be complete in Q198
- backlog on 12/31 180M
- Going forward will report revenus only, not # of lasers
shipped.
- Investor programs not managed well in 97. "Don't let the
rumor mill run amok"
- Hired MCA PR firm (semi specialist)
more visibility for investors