1 Weathering Weathering Weathering the the the Downturn Downturn Downturn Michael A. Fury, Ph.D. Michael A. Fury, Ph.D. Michael A. Fury, Ph.D. Michael A. Fury, Ph.D. Michael A. Fury, Ph.D. Michael A. Fury, Ph.D. Michael A. Fury, Ph.D. Michael A. Fury, Ph.D. Techcet Group LLC Techcet Group LLC Techcet Group LLC Techcet Group LLC Techcet Group LLC Techcet Group LLC Techcet Group LLC Techcet Group LLC July 14, 2009 July 14, 2009 July 14, 2009 July 14, 2009 July 14, 2009 July 14, 2009 July 14, 2009 July 14, 2009 Techcet Group, LLC Techcet Group, LLC Techcet Group, LLC Techcet Group, LLC Techcet Group, LLC Techcet Group, LLC Techcet Group, LLC Techcet Group, LLC [email protected][email protected][email protected][email protected][email protected][email protected][email protected][email protected]www.techcet.com www.techcet.com www.techcet.com www.techcet.com www.techcet.com www.techcet.com www.techcet.com www.techcet.com
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Weathering the Downturn - TECHCET€¦ · 1 Weathering the Downturn Michael A. Fury, Ph.D. Techcet Group LLC July 14, 2009 Techcet Group, LLC [email protected]
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Weathering Weathering Weathering thethethe
DownturnDownturnDownturn
Michael A. Fury, Ph.D.Michael A. Fury, Ph.D.Michael A. Fury, Ph.D.Michael A. Fury, Ph.D.Michael A. Fury, Ph.D.Michael A. Fury, Ph.D.Michael A. Fury, Ph.D.Michael A. Fury, Ph.D.Techcet Group LLCTechcet Group LLCTechcet Group LLCTechcet Group LLCTechcet Group LLCTechcet Group LLCTechcet Group LLCTechcet Group LLCJuly 14, 2009July 14, 2009July 14, 2009July 14, 2009July 14, 2009July 14, 2009July 14, 2009July 14, 2009
� Slurries – patience!patience!patience!patience!patience!patience!patience!patience!patience!patience!patience!patience!� K Holland presentation later today
� Pad market ~$625M
� 3 year CAGR 5.5%
� Outlook last year was 9-18%
� CMP Ancillaries down 5%-10% from 2008 estimate of $300M
� Pad Conditioners, Cu PCMP Cleaners, PVA Brushes (excludes filters & retaining rings)