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


To: Rustam Tahir who wrote (21327)3/16/1999 8:49:00 AM
From: Rustam Tahir  Respond to of 25960
 
Morgan Stanley is upgrading to Strong buy. Raising target to 37. Raising '99 eps to 12 cents from 7 cents. Raising '00 eps to $1.25 from $1.15. I'll get the full report soon to find out what the reasoning is.



To: Rustam Tahir who wrote (21327)3/16/1999 8:52:00 AM
From: Mark Mandel  Read Replies (1) | Respond to of 25960
 
All: Market appears to be up.

Just got off of the phone with Schwab. Someone appears to be a sleep at the wheel and doesn't have the "ask" price updated, says Schwab. Also, we have almost 45 minutes to market open and the volume was only 100 shares. Maybe this is just an aberation ?

Mark
(NoPain/NoGain)



To: Rustam Tahir who wrote (21327)3/16/1999 8:52:00 AM
From: Rob C.  Respond to of 25960
 
27 BID, right before my eyes....hehehe....pre-market trades at 26 1/4, 26, 25 7/8, 25 11/16.

Here is the news....

SANTA CLARA, Calif.--(BUSINESS WIRE)--March 16, 1999--Cymer, Inc.
(Nasdaq/NMS:CYMI.O), the world's leading supplier of excimer laser
illumination sources essential for deep ultraviolet (DUV)
photolithography, disclosed yesterday at SPIE's 24th Annual
International Symposium on Microlithography details of its extreme
ultraviolet (EUV) light generation program.
The latest Semiconductor Industry Association (SIA) roadmap
indicates that next-generation light sources will be instrumental in
helping chipmakers achieve linewidths of 0.07 micron and below. The
development of these reliable, shorter wavelength light sources for
lithography is critical for the semiconductor industry to remain on
Moore's Law curve.
Sematech recently selected EUV and Scalpel as the two
technologies of choice for next-generation lithography. "Our EUV
results are a culmination of the continuous research Cymer is
performing to develop next-generation light sources," said Dr. William
Partlo, director of EUV technology for Cymer.
"Unlike other EUV approaches using complex high power laser-based
technologies, our design converts electrical energy directly to EUV
radiation by compressing and heating a small volume of lithium plasma,
and we are very encouraged by the initial results. This dense plasma
focus (DPF) device produces narrow-band radiation at 13.5 nm, has a
very high source brightness, and is capable of high repetition rate
operation. We believe this is the simplest and most scaleable approach
to EUV generation." Cymer was granted a patent on the device last
year.
The DPF prototype uses an all-solid-state-pulse power technology
very similar to the power modules used in Cymer's 248 nm light
sources, including the new ELS-6000(TM) KrF 248 nm 2000Hz excimer
laser.
Based on years of working with this technology in reliable
production environments, the prototype was developed for scalability
in the multikilohertz range. Testing on the EUV prototype has been
conducted atapproximately 5 watts at 200Hz, and its performance is
characterized by a set of metrology tools that accurately measure the
wavelength and power of the tools' emission.
Commenting on this development, Dr. Rick Sandstrom, Cymer
co-founder and chief technology officer, noted, "As the market leader,
Cymer has a fundamental responsibility to pioneer this type of
research. From leading the development of DUV excimer lasers for
lithography to creating EUV light sources, Cymer will continue to help
our customers with future technology solutions."
Sandstrom added, "Our global installed base of over 600 systems
gives us an abundance of knowledge of light source requirements for
lithography in production environments. We continue to leverage this
knowledge and apply it to improve our current technologies while also
exploring future lithography light source requirements like EUV."
The paper detailing Cymer's findings, titled "EUV (13.5 nm) Light
Generation Using a Dense Plasma Focus Device," was co-authored by Dr.
Partlo; Dr. Igor Fomenkov, Cymer senior scientist; and Dr. Daniel Birx
of Applied Pulse Power Technologies, Inc.
In addition to the EUV presentation, Cymer will also present on
its 157 nm F2 lasers, 193 nm ArF lasers, and 2000Hz 248 nm KrF lasers,
as well as metrology for measuring spectral purity and measuring
divergence of the excimer laser.
Cymer, Inc. is the world's leading supplier of excimer laser
illumination sources, the essential light source for deep ultraviolet
(DUV) photolithography systems. DUV lithography is a key enabling
technology, which has allowed the semiconductor industry to meet the
exact specifications and manufacturing requirements for volume
production of today's advanced semiconductor chips.
Further information on Cymer may be obtained from the company's
SEC filings, the Internet at cymer.com or by contacting the
company directly.

--30--mr/sf* pw/sf

CONTACT: Cymer, Inc., Santa Clara
Marie Burke, 619/618-5232 (Investors)
Leslie Cole, 619/451-7149 (Media)
or
MCA, Inc.
Dori Jones, 650/968-8900

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INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED PRODUCT TRADESHOW
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