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To: FJB who wrote (1780)8/4/1998 10:42:00 PM
From: Ian@SI  Respond to of 2946
 
Bob,

The part that I liked best was:

"The new Micrascan-IIIx should enable Intel to continue its current market strategy. The chip maker's rapid shift to 0.18-micron feature-size chips is part of a two-pronged strategy that is constantly pushing for smaller line geometries in order to raise the performance of high-end Pentium microprocessors. Smaller feature sizes also enable it to keep shrinking its MPUs to get far more die from a single wafer. This greatly lowers the cost of making the chip and allows Intel to meet the competition in the more mature, low-end MPUs and still make a good profit.

This shrink strategy also lets Intel keep its "copy exact" fab production plan, where all of its plants essentially use the same tools and processes.
"


This seems to state that using the MicraScan III family of tools, fabs will be able to retain the same tools and processes including process chemicals, all of which will be must cheaper than tools, processes and chemicals designed for 193nm lasers.

... and to think that SVGI is currently selling for about .7 times book.

Ian.



To: FJB who wrote (1780)8/5/1998 12:44:00 PM
From: David Aegis  Read Replies (1) | Respond to of 2946
 
Bob, Thanks for the article! Despite the depressed stock price, it doesn't sound like SVG will be out of business any time soon. With $11.12 per share in net net working capital (working capital minus long term debt) at the end of June, there would not seem to be much downside to the current stock price (unless the receivables prove uncollectible or the inventory proves obsolete...).

--David