Whoa there guys. It's the ex-PR guy again with some words of caution...I have a hunch I'm being misunderstood...need to clarify. My PR suggestion is not meant to in any way become an adversorial posturing vs Cymer mgt. That would be absolute disaster. Mgt being asked to cave in to a 1% group?...TH would get escorted out of the place at the speed of light. No way...don't use this to "force" a meeting. We're in a new age here. Stockholders actually talking to one another via the internet, expressing concern about the way large and possibly dark forces have manipulated the fortunes of the company to the detriment of a group that initially helped the company become a dominant technology leader. The institutions that own this company do so in behalf of millions (well, maybe millions) of small individuals as well. We, as a group, support management and the aims of the company, and wish to be brought into it's confidence regarding certain issues swirling around. Pre-internet, this kind of meeting could not have taken place except at an annual meeting, but the situation now...(the internet has ARRIVED!) ...means concerned stockholders have the means to communicate their concerns to management. A meeting of this kind at Cymer could certainly take place at other companies as well....etc...and very likely will, if not now, not here, then somewhere, and soon.
Perhaps SEC ought to know of the meeting also....etc.
Incidentally, I'd vote my 100 shares against a buyback. The company shouldn't take shares off the table....it needs to increase liquidity, not reduce it. |