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Technology Stocks : Cymer (CYMI)
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To: Gemini who wrote (8457)11/6/1997 4:12:00 AM
From: Mr. Aloha  Read Replies (1) of 25960
 
I was meaning to say that the company could announce a buyback but not actually buy shares.

There was a rumor that Intel was going to announce an aggresive buyback program recently, but the company said that weren't going to add to their current plan underway. The Board could approve a buyback for a lengthy period of time before the option to purchase shares expires.

I don't think CYMER will do any such thing but probably should if it didn't affect the notes.

Aloha
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