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Technology Stocks : Cymer (CYMI)
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To: Curlton Latts who wrote (11621)12/17/1997 9:45:00 AM
From: Cymeed  Read Replies (1) of 25960
 
RE: Cymi share buy back

If Cymi share is consistently underperforming the market, I can see a possibility of a small buy back program of, say, 1 million shares or so, with less than $20 million spent.

However, if Cymi management is confident of their earnings and stock price picture, there is no need for share buy back. They will just let the fact speak and let the market to enhance the share holder value, and save the cash for current and future growth opportunity.

As far as my eyes can see, there won't be any share buy back program in the near future, and this is good news because it might indicate the confidence of the management.
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