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Technology Stocks : Dupont Photomasks (DPMI) -- Ignore unavailable to you. Want to Upgrade?

To: Wolf 2 who wrote (629)	5/21/1998 12:13:00 AM
From: jeffbas	Respond to of 955

The CEO comments in the PLAB earnings announcement today are interesting, particularly the reference to using Asian capacity to meet demands of other regions: Michael J. Yomazzo, President and Chief Executive Officer stated, ''Design activity during the quarter was strong, particularly for those customers requiring advanced photomask technology. Semiconductor manufacturers around the world increasingly require a greater mix of advanced photomask technologies to gain competitive advantages - by shrinking the size of devices and incorporating deep sub-micron process capabilities into next-generation products. Our ability to satisfy these requirements has been strengthened significantly by the progress we have made in ramping our newest facilities in Austin, Texas; Mesa, Arizona; Manchester, England; and in Singapore.'' Mr. Yomazzo noted that photomask demand in both the Asian and European semiconductor markets has increased. ''Many of our customers have been utilizing the foundries in Asia to supplement their capacity requirements and to take advantage of the investments being made in new deep sub-micron process technology. As a result, photomask demand for devices contracted to the foundry market has remained relatively healthy.'' ''At the same time,'' he added, ''growth in the European semiconductor industry continues to generate significant opportunities for our manufacturing network in that region. Our state-of-the-art facility in Manchester, England, in particular, is an excellent platform from which to service an increasing volume of business from European customers requiring advanced technology and service.'' Regarding the continued momentum for advanced photomask technology, Mr. Yomazzo said, ''The photomask industry continues to be challenged by the acceleration of the semiconductor industry's technology roadmaps. Photronics is meeting the challenge with the implementation of a global growth strategy emphasizing innovation and unparalleled commitment to service. We believe this strategy has given Photronics a strong competitive advantage, and will be instrumental in achieving profitable growth well into the next century.''

To: Wolf 2 who wrote (629)	5/22/1998 12:18:00 AM
From: Duane L. Olson	Read Replies (4) \| Respond to of 955

W2.. Sorry for my slow response, O canine cynic favorite of mine!.. Hey, technology and tech stocks... never could match them up.. your thoughts are at least as good as any others..maybe more realistic if you aren't hampered by an undue love of the underlying process... Keep the rest of us straight, if you can.... As for that target of 44.. well, we are still on curse (sic) at this point..and the charts aren't turning yet:http://207.95.154.130/chart/default.asp?period=120&time=day&chart=bar&chart1=bb&volume=y&rsi=y&stochastics=y&momentum=y&symbol=dpmi Now, since you have confused me with somebody who actually knows something, let me slip in the caveat that my record as a contrarian indicator is somewhat better than my record as an investment guru <g>.. From what I know of TA, however, I would not try to buy DPMI now until that blue Stochastics line turns and crosses the green line, regardless of whether DPMI hits my 44 target or not.. Feel free to yell again if you suspect DPMI has run this cycle, and if I can't read the chart, I'll get somebody who can. (That gives us both at least an odds on shot of picking a half-way decent entry). What else is treating you good these days, O wolfish One?.. Enjoying this great summer weather (when you aren't watching the Tech Wreck?)? TSO