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Technology Stocks : Cymer (CYMI)

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To: Curlton Latts who wrote (8024)11/3/1997 9:41:00 PM
From: missing  Read Replies (1) of 25960
 
What is all this nonsense about a repurchase program? A company of this size trying to keep at the cutting edge of technology can spend its money wisely on R&D rather than speculative stock repurchase program.If the stock is unreasonably low the market with catch up with it and in the long run reflect its true price.
IMHO, the stock has to take a real hit (low teens) for the co. to take money away from R&D or building distribution sources to buy back stock.
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