OUR PEOPLE MAKE THE DIFFERENCE Countdown Clearance. '95 NISSAN ALTIMA '95 NISSAN MAXIMA GXE "'"41111666, percent of the world PCB in- spection equipment market and its sales in this area in 1994 were about $48 million. The chief competition comes from Dai Nippon Screen and Nippon Steel in Japan and Comtek and Gerber Scientific in the United States. In addition to product sales in this area, Orbotech derives sub- stantial revenues from servicing the systems that it sells. The service side is not an en- tirely happy story, though, be- cause the company is still servicing systems sold by Orbot and Optrotech before the merg- er. These are older systems which require more maintenance and Orbotech is locked into contracts dating back to the premerger days where Optrotech and Or- bot, in their eagerness to win business, would offer customers service contracts that were only marginally profitable. $ 1 95* Dual airbags, tilt, r. defrost, $199 95 console, stereo/cass., bucket seats & more! Inbound. + tax/24 mos. + tax/24 mos. '95 NISSAN 4X4 PICKUP '95 NISSAN 240 SX Suburban $2 0995* $1 8995* Air, convenience pkg, chrome pkg., digital clock, tach., stereo/cass., chrome wheels & more! Inbound. + tax/36 mos. SALES HOURS: NISSAN Mon. & Thurs 8:30 am-9pm; Tues., Wed., Fri. 8:30 am-6pm; Sat. 10am-3pm 74 cc 38 mos cbeed erld lease w/approved creel& Lease 15,000 nv. per yr., w/ 15, Fierce competition resulted in poor business results for both firms. So the profit margins on a fair chunk of Orbotech's service busi- ness are pretty slim. The upside here, though, is that as the old- er systems age, they are being re- placed with new systems and new service contracts, so service margins should rise. If PCB inspection systems are Orbotech's bread and butter, then the jam is flat-panel dis- plays. Flat panel displays (141)Ps) are the screens for lap-top comput- ers and personal organizers, where space is a key issue. Demand for FDPs is growing rapidly and currently exceeds supply. Because FDP manufac- turing technology is still rather unrefined and suffers from low yields — i.e. a lot of rejects — there are opportunities for com- panies like Orbotech that con- tribute to the quality-control process. Orbotech was not the first company to enter this market — KLA. Acrotech, a joint venture be- tween Nippon Mining and KLA Instruments was — but Or- botech claims that it captured the biggest market share in 1994. According to Furman Selz, users conducted detailed evalu- ations of the two systems and re- ported that Orbotech detected and classified more faults than the ICA system. Observers estimate that the FDP inspection equipment mar- ket was about $16 million in 1994 and it will grow at a rate of 50 percent a year for the next five years. ❑ per mi. over . Lessee mew far access weer & tear. Lane.. awe.° option d PrO- datemined prbe al rbeetion. T0 coot eaLskt monthly oyml x term plus 8% Lee tax Re- fundable eed dep.. to $350, coq. fee, fe., titb , de., tar pyrre. $1800 deem on Mims $1C00 down on 4x4, 12030 down on Maxima & 240 SC due at Ie. inception Flew ode. excluded Subject lo Pads. Rob.. may . rep.ent act bal vehicles. * Air, dual airbags, tinted glass, pwr. windows, pwr. locks, tit( r. defrost, center console, ilium. entry, cruise, stereo/cass., int. wipers, pwr. mir- rors, V6 & more! Inbound. TROY IN O MALL ER First of Michigan Corporation in cooperation with Fidelity Investments presents An Evening with Fidelity A small investment of your time now could mean a major financial return later. Because investment planning has become more complex, there are no simple answers to your financial questions, but there is a simple way to get the answers you need. Come to our free investment planning seminar. Take advantage of this opportunity to hear from and talk with a knowledgeable investment professional from Fidelity Investments. So mark your calendar. and bring your investment questions. 649-2300 First of Michigan Corporation is a registered broker/dealer, member NYSE. SIPC: Fidelity Advisor Funds arc distributed by Fidelity Investments Institutional Services Company. Inc. 82 Devonshire Street. Boston. JMA 02109. For more complete information on any Fidelity fund. including charges and expenses. call or write for a tree prospectus. Please read it carefully before directing your investment. more from a car PaineWebber has the key to finding the right money manager for individuals and institutions with portfolios of $100,000 or more. Find out about PAINEWEBBER ACCESS: a comprehensive approach to total portfolio planning and management. For a free consultation call Gerald E. Naftaly or Alan A. Gildenberg at (313) 851-1001 or (800) 533-1407. Guest Speakers Seating is limited. Please call Suzy at 1-800-826-2039 (Southfield) or Kathy at 1-800-654-1443 (West Bloomfield) to make your reservations. Ai■ NISSAN It's time to expect Gain Access to Outstanding Investment Managers PaineWebber We invest in relationships. Mike Jenkins, Director, Investment Marketing - Fidelity Investments Bruce Rockwell. Senior Vice President - First of Michigan Corporation Date: May 9, 1995 Time: 7:30 p.m. Location: Southfield Radisson at Prudential Town Center 10 Mile at Evergreen, Southfield Air, sunroof, ABS, tilt, int. wipers, pwr. windows, dual airbags, r. defrost, stereo/cass., OD trans., pwr. locks, cruise & more! #6009 32300 Northwestern Hwy., Suite 150 Farmington Hills, MI 48334 Member SIPC Is Your Financial House In ,Order?? To find out call PHASE FOUR Certified Financial Planning Professionals (810) 559-6980 JOEL LEVI, CFP TRISH WELLMAN, CFP 17117 West 9 Mile Road, Southfield, MI 48075 Phase Four Advisory, Registered Investment Advisor Securities offered through Vestax Securities Corporation, Member, NASD & SIPC, 10 CY) CY) 1931 Georgetown, Hudson, OH 44236 (216) 650-1660 tb Advertising in The Jewish News Gets Results Place Your Ad Today. Call 354-6060 CV ARNOLD rnazoa 445-6080 —J — CC 0 c:( Automotive Group Ltd. Gratiot Ave. at 12 Mile Road, Roseville, Michigan "Just 25 minutes from the Birmingham/Bloomfield arc off 01-696" 445-6000 53