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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: porcupine --''''> who wrote (1151)	1/28/1999 3:17:00 PM
From: porcupine --''''>	Read Replies (2) \| Respond to of 1722

Nikon, IBM jointly develop new stepper component TOKYO, Jan 27 (Reuters) - Nikon Corp <7731.T> said on Wednesday that it and International Business Machines Corp had jointly developed a lens, a component of stepper machines, that would help produce 16 gigabit dynamic random-access memories (DRAMs). Nikon said in a statement that the memories of 16 gigabit DRAMs would be about 250 times those of typical 64 megabit DRAMs. Steppers are used to map out circuits on silicon wafers for making semiconductors. Nikon, the world's biggest stepper maker, plans to make prototype steppers that use the new lens in 2002 or 2003, a Nikon spokesman said. By 2005 or 2006, Nikon expects to commercialise the stepper, he said. Nikon's share price rose nine from Tuesday's close to 1,482 yen at 11 a.m. (0200 GMT). ((Tokyo Equities Desk +81-3 3432 9404 tokyo.equities.newsroom@reuters.com))