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Profitable quarter still eludes applied micro circuits: Cymer Inc. has layoffs despite record revenues.

Publication: San Diego Business Journal
Publication Date: 25-OCT-04
Format: Online - approximately 445 words
Delivery: Immediate Online Access
Full Article Title: Profitable quarter still eludes applied micro circuits: Cymer Inc. has layoffs despite record revenues.(Public Companies)

Article Excerpt
Some day down the line, Applied Micro Circuits Corp., a San Diego maker of high-speed chips and storage equipment used by major telecom equipment manufacturers, may turn a profit. But that day appears to be still a ways off.

Last week, AMCC reported yet another quarterly loss, and the prospects for breaking even weren't mentioned during an analysts' conference Oct. 19.

For the firm's second...

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