We discuss a novel laser scheme in which N three-level atoms maintain
full cooperativity in a stationary regime. The intensity I of radiatio
n is proportional to N2, the linewidth scales as 1/N2, and the output
intensity fluctuations display up to 100% squeezing at low frequencies
. The possibility of simultaneously slowing down phase diffusion and r
educing intensity fluctuations makes this kind of laser an attractive
goal to go for.