SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cymer (CYMI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elwood who wrote (3564)9/26/1997 5:41:00 PM
From: Bryan Steffen   of 25960
 
A Share repurchase, although a good idea at these prices for the company and us struggling longs, is quite unfeasible in the near future for several reasons. For a high tech growth stock like CYMI, cash is a very valuable resource when you have very high burn rates.

1) Unless it has already been approved by the BOD, you will be looking at several weeks if not months before that happens.

2) This is a company that is trying to hire just about any and every engineer in SoCal.

3) CapEx requirements for getting production fully ramped up, completing the new San Diego facility.

Although it would be nice to support and boost the share prices, it would just won't happen.

Bry
- Have a nice weekend, I am hoping that I stumble across a suitcase full of $100 bills so I can average down on Monday.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News