SI
SI
discoversearch

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 (2442)5/7/1998 12:04:00 PM
From: Kevin Firth  Read Replies (1) | Respond to of 3696
 
>It seems somewhat strange to announce the project publicly first then to seek partners later.

Art stated that he had the press conference because he didn't want this project to be communicated via rumor.

>"We'll spend $10M if enough of you can get together and provide another $40M"

He sounded very confident that USAL will get the other $40M. Art stressed that if the U.S. gets litho then it gets a lot of other things as well that benefit U.S. semi equips.

The conference yesterday was a seed being placed in the ground. There won't be fruit for a few years. Unfortunately, what we need is fruit now to get UTEK and the industry out of this slump.

Kevin