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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (21265)3/5/1999 3:04:00 PM
From: Mani1  Respond to of 25960
 
Long time CYMI holders should remember JMAR. I still think that it is at least 6 years away from being an "issue". But jut for fun,

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JMAR Technologies Expects Record Revenues for 1998 Year and
Fourth Quarter

SAN DIEGO--(BUSINESS WIRE)--March 5, 1999--JMAR Technologies Inc. (NASDAQ NM:JMAR - news)
pre-announced its sales revenues for the year and quarter ended Dec. 31, 1998.

In a presentation delivered today at the Red Chip Review Investor Conference in Seattle, JMAR Chairman and Chief Executive Officer John S. Martinez,
Ph.D., said that although the company's 1998 results have yet to be finalized, he anticipates JMAR's sales revenues for the year ''will exceed $24.5 million
compared with $21.5 million for the year ended December 31, 1997.''

Martinez added, ''As the result of the receipt of $26 million in orders during the second half of 1998, primarily from our semiconductor-related business,
sales in the fourth quarter of 1998 rose to about $8.4 million -- a gain of 65% over the $5.1 million reported in the fourth quarter of 1997 and 35% higher
than the sales level in any other quarter in JMAR's history.''

Martinez continued, ''With the growing momentum in our semiconductor business and anticipated expansion of our X-ray lithography and Britelight(TM)
laser programs, we look for sales revenues to increase by about 40% in 1999 to more than $34 million, assuming demand for our precision instruments
remains consistent with forecasts.

''1998 is expected to produce the second highest operating profit in JMAR's history. However, it will be below 1997's profits due to a combination of
factors, including a steep decline in sales of our precision instruments to the computer industry resulting, in part, from the economic downturn in Asia. In
1998, this decline in sales was more than offset by the rapid expansion in our semiconductor-related business. However, profits were lower as a result of
substantial business expansion costs, the shift in sales from our historically higher gross margin instrument business and the front-end costs associated with
the addition of eight senior industry specialists to our staff during the second half of 1998.''
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Is it time to get interested in JMAR? I think its too early to get interested in any replacement for DUV just yet.

Mani



To: orkrious who wrote (21265)3/5/1999 5:27:00 PM
From: BillyG  Read Replies (2) | Respond to of 25960
 
Samsung to spend 20% more on fabs this year

semibiznews.com
A service of Semiconductor Business News, CMP Media Inc.
Story posted 2:15 p.m. EST/11:15 a.m. PST, 3/5/99


By Jack Robertson

WASHINGTON -- Samsung Electronics Co. today confirmed that it is
boosting its semiconductor capital spending by 20% this year to $1.2 billion.
The jump reflects the Korean chip maker's decision to ramp up DRAM and
other chip production as the global market appears to be improving.

Only a month ago, Samsung said it was still sticking with a $1 billion capital
expenditure budget for 1999, which was essentially the same as last year.
However, industry sources and analysts said the world's largest DRAM
producer is responding to the big ramp-up by archrival Micron Technology
Inc. The Boise, Idaho, memory maker expects to double its DRAM output
next year when upgraded former Texas Instruments fabs are producing
wafers at 0.18-micron design rules.

A Samsung spokesman in Seoul said the capital investment will be used to
upgrade and fill production lines at existing fabs in Korea and the firm's
Austin, Tex., fab. Samsung has been placing major equipment orders to
complete its Fab 9 line at Kiheung, South Korea. A second stage expansion at
the Austin fab will double production to a capacity of about 25,000 wafers a
month.

As previously reported, the Korea Semiconductor Industry Association
projected that all chip makers in the country would double their spending on
equipment this year to $2.6 billion (see Feb. 24 story).