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 : Ultratech Stepper -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (2362)	4/23/1998 8:42:00 AM
From: Kevin Firth	Read Replies (1) \| Respond to of 3696

Earnings: 2 cents biz.yahoo.com ''The semiconductor and storage memory businesses are going through a difficult period. Demand and capacity issues have created an unfavorable balance and the Asian crisis is exacerbating this problem. Ultratech's revenue downturn was primarily attributable to these issues.'' ''While our results reflect the difficult environment in which we are operating today, continued R&D investments are designed to enhance our long-term growth potential,'' Zafiropoulo continued. ''One of our challenges is to balance the need for near-term expense controls with long-term investments in our future. We are maintaining our commitment to research and development, not only for our advanced technology divisions, UltraBeam and Verdant, but also to ensure our competitive position in all our product lines.''