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: Patient Engineer who wrote (7160)10/29/1997 2:47:00 PM
From: Curlton Latts  Read Replies (2) of 25960
 
CYMI Cash & S-T Investments $167 million as of 9/30 vs. $30 mil 6/30

CYMI has an absolute Rock of Gibraltar balance sheet that could easily be used to buy back 1 million shares in a heartbeat without even missing it. You might see this happen too!

Please refer to CYMI's balance sheet for *real* *actual* information about its huge cash and short term securities position.
www1.newsalert.com

CYMI has 3.6 million shares of short interest, which is an unprecedented level for a high-growth, high-profit company with a thin float. Remember to ask your broker to take physical delivery of your shares to hit them where it hurts.

Capital demands to grow the business for working capital (ie receivables, etc.) are insignificant to CYMI's cash position.

Good Luck To Each And All

Curly
~~~~~~~~^^
[6.6]
.....>
[_]
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext