Stephanie - Here is some info I posted under JMAR that might be of interest to Cymer investors:
Subject: JMAR Industries (JMAR)
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To: Frank Boccagna (810 )
From: Elizabeth Smallfelt
Jan 8 1997 2:45PM EST
Reply #811 of 812
I just spoke to Dr. Martinez at the company. My main question was about how JMAR
competes with Cymer, and he gave me some interesting background on that matter.
Cymer and JMAR were both split off from the same company back in the early 80s -
HXL Laser. Cymer has been a private company until just last Sept., and that gave
them some advantages JMAR hasn't had as a public company. Cymer didn't have to
tell people what they were doing for all those years before they went public, and they
were able to keep their technology secret. They aren't an "overnight" success, even
though the stock certainly became that once they went public. Cymer concentrated on
the eximer laser technology, while JMAR (after the split from HXL Laser) focused on
more advanced lithography sources, plus additional businesses. (In 1991, the U.S.
Govt. declared JMAR technology as critical to semi-conductor production and began
funding some of their projects.)
To get to the answer about competition -- Cymer and JMAR don't compete right now,
but they certainly could in the future in markets they are in now in addition to
technology that is more advanced.
I also asked about CATS. The re-tooling took till mid-Dec. with testing, etc., and now
they must demonstrate that prototype chips will
be the same as those that are mass-produced. (JMAR is the ONLY company that can
go from prototype to mass production.) Orders are coming in and being processed.
They're larger than what they expected.
The other businesses are doing well. Micro-machining coming along rapidly, and Tests
and Measurements business looks booming.
I hope this answers questions that some of you might have had.
Betty |
