Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Justa Werkenstiff who wrote (8259)	11/5/1997 11:37:00 AM
From: Curlton Latts	Read Replies (1) of 25960

CYMI has $190 mil of cash; a Stock Buyback is a great high-yield use of that free cash. A Stock Buyback is not abnormal at all and is a normal course of business item. This scares the living daylights out of the extended short interest in the stock. CYMI's production rampup is essentially completed for now so they could do a buyback in a heartbeat and not so much as miss a 1 million share, $35 million stock buyback. It will send the most powerful message the market can be given that the Company means business and is confident in its abilities to deliver great financial performance. I don't characterise normal short busting business tactics as anything but good management. Good Luck To Each And All Curly ~~~~~~^^ [6.6] ....> [_]

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