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To: SemiBull who wrote (2931)1/29/2001 4:15:54 PM
From: Proud_Infidel   of 2946
 
Silicon Valley Group Cut to 'Attractive' at Bear Stearns

1/29/01 4:53 AM
Source:Bloomberg News


Princeton, New Jersey, Jan. 29 (Bloomberg Data) -- Silicon Valley Group
Inc. (SVGI US) was downgraded to ''attractive'' from ''buy'' by analyst
Robert Maire at Bear, Stearns & Co.

Subject 50522

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To: SemiBull who wrote (2933)2/26/2001 6:18:34 PM
From: SemiBull   of 2946
 
SVG Receives Additional Orders for its Micrascan 157 Lithography Systemhttp://biz.yahoo.com/prnews/010226/sfm096.html

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To: JimieA who wrote (2935)4/25/2001 8:11:15 PM
From: SemiBull   of 2946
 
Silicon Valley Group Reports Second Quarter Results
biz.yahoo.com 

SVG will require $400 million in U.S. government funding if ASML-SVG merger is blocked, CEO claimed
siliconstrategies.com 

SVG delays 193-nm tool shipments; Intel and other chip makers impacted, analysts say
siliconstrategies.com 

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To: SemiBull who wrote (2936)5/18/2001 4:24:13 PM
From: Paul Senior   of 2946
 
I seem to have lost my way with SVGI. The stock continues to track very closely 1.286xASML, so if I hold and the deal closes, I'm getting ASML close to ASML's current value (i.e. there's no arbitrage benefit). Not sure still if I want ASML at its current price to value. So I've sold 1/2 of my remaining few SVGI shares today.

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To: Paul Senior who wrote (2937)5/18/2001 4:55:17 PM
From: Cary Salsberg   of 2946
 
If you look at Yahoo's trailing 12 month sales, ASML had $1.9B and SVGI had $0.93B. If this is repeated in the next upturn, SVGI adds almost 50% to sales and it was bought with ~10% of ASML's market capitalization.

ASML isn't cheap, but the addition of SVGI makes them cheaper.

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To: Cary Salsberg who wrote (2938)11/28/2001 2:48:51 AM
From: Andrew Vance   of 2946
 
Well, it took awhile, but finally there is some sort of vindication. The Micrascan tunrs out to be a bust after all. For all of the discussions on the subject, the blockbuster numbers projected in sales that never materialized, and even with Intel and IBM as the big backers of these systems in the past, it all turned out to be smoke and mirrors. The Micrascan was never a decent production worthy system in my opinion, and I was consistent in my comments that is would never gain broad market acceptance. Now that we have moved beyond the 248nm node into the 193nm node, it appears that the Micrascan is being abandoned and has not stood the test of time, other than being part of a long history of machines I knew to be technically inferior to its competitors. Even little UTEK still has a shot for the 157nm node and EUV nodes with its current offering, which has it roots in the GCA workhorse line of systems.


November 27, 2:27 AM ET - ASML Selects 300mm TWINSCAN as Single Platform at 193nm Wavelength
(BUSINESS WIRE) - ASML Holding N.V. of the Netherlands (ASML) announced that it would converge its 193nm wavelength product offering onto a single platform, the TWINSCAN™ AT1100, the industry's first high-productivity, dual-stage ArF (193nm) lithography system for 300mm wafer processing with 100nm resolution. ASML will discontinue before year-end the development and shipment of its Micrascan V product, a 193nm wavelength system acquired through the company's merger in May 2001 with the Silicon Valley Group, Inc. The company will extend TWINSCAN manufacturing competencies and certain R&D programs from the Netherlands to the Wilton, Connecticut, facility to optimize ASML's industrial base in the United States. Developed for volume production applications, the 300mm TWINSCAN AT1100 is a 193nm wavelength system with the industry's highest numerical aperture ArF lens. ASML has been the leading supplier of high numerical aperture 193nm solutions to the industry since June 2001 through its 200mm PAS 5500 Step & Scan platform. TWINSCAN features dual wafer stage technology that enables the exposure of one wafer and the alignment of the next wafer to take place in parallel, giving higher throughput and increased productivity.

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To: Andrew Vance who wrote (2939)11/28/2001 11:28:28 PM
From: Nick Michell   of 2946
 
AV,

"The Micrascan turned out to be smoke and mirrors."

That's really quite a good line! So, who will Intel turn
to for all those .13u fabs they're building?

Nick Michell

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To: Nick Michell who wrote (2940)12/15/2001 3:43:17 PM
From: Andrew Vance   of 2946
 
Nikon has part of the business for sub micron, but ASML has (IMO) a great Twinscan system. The Micrascan was never a good system, even if Intel used it. You have ot remeber that the Micrascan was almost force fed to Sematech through IBM originally. As a Sematech member, Intel and a few others got drawn into the picture, but the best systems for DUV never had the Micrascan in the top 3 contention, most Sematech members went with Nikon and ASML, when push came to shove.

AV

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To: Andrew Vance who wrote (2941)12/18/2001 3:59:05 AM
From: Judy Muldawer   of 2946
 
Did not ASML buy out SVGI? So, in essence, anyone who owned SVGI and therefore part of the Microscan technology, is now a stock owner in ASML.

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To: Judy Muldawer who wrote (2942)12/18/2001 7:13:39 PM
From: Math Junkie   of 2946
 
You're right.

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