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Technology Stocks : Cymer (CYMI)

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To: Elroy Jetson who wrote (12057)12/29/1997 1:57:00 PM
From: craig crawford  Read Replies (1) of 25960
 
<< DUV may remain the dominant technology for as
long as 10 years (but maybe for less?) - but the market assigns increasingly lower multiples to
"one trick horses" as their market matures. >>

Matures? CYMI technology barely out of the gate!

I would appreciate it if someone would please refresh my memory as to the details of the convertable done by CYMI recently. If the stock doesn't recover people won't convert to equity and CYMI will be stuck with the bill. Isn't that correct?

At least INTC and AMAT have stopped going down or bounced. CYMI making new lows all the time.
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