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Technology Stocks : Cymer (CYMI)
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To: Ian@SI who wrote (18100)6/15/1998 8:09:00 PM
From: Elroy Jetson   of 25960
 
It is likely that these small number of shares were inducements to market or purchase the Convertible Notes.

When a company like Cymer sells a stock or debt issue they often sweeten the deal by giving additional "free" shares of registered stock to the underwriter as part of their fee. The underwriter keeps these shares or gifts part of them to institutional buyers of the stock or debt issue as an extra sweetner to buy the stock/debt. After a certain period these registered shares can be sold after filing a document like you are reading.
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