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To: Judy who wrote (13166)	4/5/1998 2:20:00 PM
From: Andrew Vance	Read Replies (1) \| Respond to of 17305

AV--Gee, Judy, you give them more finesse than I am willing to give them credit for. My two most favorite CEO/CFO combos are that of CYMI and IDTI. They couldn't give away free water to a thirsty man without screwing up the situation. I do not mean to be harsh but, in CYMI's case, they made a press release relative to the UT-A breakthrough over a week later when the fervor had died down. Both companies suffer from poor investor/public relations in making their companies topics of Wall Street conversation on a routine basis. If I were CYMI, I would lower the boom on both the IR and Marcom organizations. All they need to do is put together a very simple primer on the history of Photolithography, which it is one of the most critical technologies for advancing design rules, and explanation of its importance in making ICs such that it is clearly understood by the investment community. If you re-create the IC industry gerneral technology roadmap that everyone is so familar with, complete with Moore's Law, and then overlay light exposure (photolith) technology history/roadmap, it would be intuitively obvious that CYMI is one of the most underfollowed, misunderstood, and undervalued company in this industry. I just got off the soapbox, but it irritates me when the market discounts some companies for past performance knowing full well that a company has turned a corner and a better perfromance is presently being seen. It also irritiates me that when the end of life is seen to a product years down the road, they also discount the stock for the planned obsolescence almost immediately (as seen in some pharmaceutical stocks). Yet we will also see huge run ups based on promises or impending announcements that sometimes do not amount to much. Finally, look at some of the ridiculous PE multiples of the likes of LU, YHOO, KO, and a host of others that will almost be impossible to sustain going forward. We have all this happening on a daily basis but not one of these pundits will come out and admit that, like death and taxes, you cannot escape the move to 0.25u and below device technology. This technology will not be manufactured with the existing lens/light source technology. DUV lithography cannot be avoided if the industry is going to succeed and march forward. It is inevitable that this will happen and the timeframe is real short for full implementation. CYMI owns the market now and will be the major provider of DUV sources for years to come. It is just a matter of time before this is self evident. I can see stating that it may not be the right time for entry into this stock due to uncertainty in the industry (but it does not explain the performance of companies like Nikon and ASMLF recently). However to neglect this stock and not recognize its fundamental technical strength and dramatic future potential implementation, is a travesty against their clientele. Educate them now and set up a timetable. This is where IR and MarCom at CYMI can provide a much better service. A good product is one thing and selling it is another thing. Equally as importance is promoting the company and getting the proper visibility in the financial and investment sector in order to fuel further internal and external growth and shareholder value. Andrew