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To: Proud_Infidel who wrote (14017)	5/21/1998 4:35:00 PM
From: Andrew Vance	Respond to of 17305

AV--ASYT is more insulated since it deals with existing fabs for both remodelling upgrade or capacity expansion along with new fab construction. Their interfaces are either OEM'd or retrofitted so lower Capital expenditures for new equipment might be offset by retrofitting of existing installed equipment. Furthermore, ASYT has very little to no Korean and Indonesian exposure, which is at the heart of the SEA crisis. ASYT is dealing with the right types of customers across a broader spectrum of the industry. PRIA, while a good company, has more SEA exposure and is tied more closely to new equipment and wafer fab capital expenditures from the marketplace. More so than ASYT. Some of the PRIA product line may not be retrofittable into exist wafer Fabs. Specifically this is meant for the automated Diffusion workstationstations that may run into footprint issues in certain fabs. Other items like the overhead wafer transfer system might have issues associated with retrofit fabs. PRIA is a good company but still has an uphill battle to compete head to head with ASYT in WIT and SMIF since ASYT owns greater than 85% of the market and it will be difficult for the existing retrofit programs to convert over to PRIA products due to incompatibilities. PRIA has more on its fortunes tied to new construction or expansions of existing building shells for new fabs. What PRIA has going for it is more "Street Exposure". This may overcome everything else I have mentioned. IT also looks like PRIA has a larger stock float which may breed more liquidity and less volatility. Andrew