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Technology Stocks : Cymer (CYMI)
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To: Zeev Hed who wrote (25526)7/24/2001 8:31:43 PM
From: Rustam Tahir  Read Replies (1) of 25960
 
Considering how bad the industry is and badly CYMI mismanaged the last downturn, I am very happy at the way they have managed this recession. Their statement about inventories: "Additionally, the balance between our shipments and installs brought stability to the inventory of Cymer light sources at our direct customers, which is an important objective to have reached in a downturn.'' shows that they really have done an outstanding job learning from their previous mistakes and instituting operational, customer, and financial structures to avoid the meltdown that occurred a few years ago. In many respects that's all you can ask of management in such an environment. Anybody can run a business in boom times, not many can manage when times are tough. So far I think CYMI's management has succeeded.
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