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 : ATMI-THE NEXT AMAT? -- Ignore unavailable to you. Want to Upgrade?

To: Will Lyons who wrote (314)	6/1/1998 3:44:00 PM
From: Asymmetric	Read Replies (2) \| Respond to of 677

Bill, my understanding is that ATMI's sales are 20% tied to equipment sales, and 80% tied to consummable materials. The economics that should have been propelling this company forward should have been lower chip device prices driving higher unit demand which would have driven demand for consummable gases and materials, which should have supported revenue/earnings. Also, ATMI's Safe Delivery Source (SDS) system had only captured 10% of the ion implanter market and so there should have been plenty of room to grow there...given the increases in yield, safety and efficiency that SDS delivers. To put it bluntly market demand for semiconductor products must have stopped cold, and with Intel's announcement of the Merced delay, I suspect the whole technology investment cycle on the semiconductor side has/is slowing dramatically. Note also that some of ATMI's future revenues were tied to the Hyundai Oregon semiconductor facility and there was a negative press release just issued there. All in all, not a very pretty industry picture. Would be interested in your thoughts - general or specific. Nasdaq looks terrible today. Good luck to all. Peter.