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: D.J.Smyth who wrote (3122)9/24/1997 3:17:00 PM
From: Defrocked   of 25960
 
I am disappointed with today's overall
market action. With bonds up almost a
point stocks should have behaved better.
But the day is not yet over. And I don't
think the interest rate trend(down)is over
either.

Buffet has been buying bonds and now looks
to be dumping Solly as well. Reminds some
people of Bear Sterns selling at 3 times
book in '86 (pre-crash). Appears to some that
Warren is really battening down the hatches.

OTHO Cymer is in its own world right now so
I believe market action is irrelevant to
CYMI.

FWIW there will be many other mergers and
acquisitions in finance, banking and insurance
as economies of scale and consolidation of
clients is continuing. The overall trend in
computerization, information management and
communications improvements through fibre optics
and the Internet are also still in place regardless
of what Buffet the technophobic does.(With all due
respect to Warren, not even the Rothschilds
ignored communication improvements.)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext