Thanks to NYCNPBBKR for keeping focus--
The following Dow Jones News Service article re: Montgomery conference appeared in last night's Smart Money. Article is upbeat re: CYMI; please note reference to CYMI being an "opportunity". Very Positive!! Full article may be found at:
smartmoney.com
September 23, 1997 10:48 PM
DOW JONES NEWS SERVICE
INVESTORS SEARCH FOR
FRESH IDEAS AT
MONTGOMERY
CONFERENCE
By Mark Boslet
SAN FRANCISCO (Dow Jones)--Investors became more selective buyers Tuesday, searching the roster of companies at the Montgomery Securities conference for fresh ideas.
And perhaps the greatest discovery of the day was Remedy Corp. (RMDY), which during a morning presentation described order growth as strong,
according to fund managers at the address. Remedy stock was a solid gainer for the day, climbing 3, or 8.25% to close at 39 3/8.
The era of "active management" is back, with many money managers beating major indexes with their fund's performance, said one conference attendee. "So," she added, "they are looking around for opportunities."
One such opportunity found was Cymer Inc. (CYMI), which continued to refute concerns that orders for its laser products were being postponed by customers Nikon Corp. and Canon Inc. (CANNY). Cymer's
shares were up strongly on the day, ahead 2 3/8, or
7.84% to close at 32 11/16. . . .
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