SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cymer (CYMI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TideGlider who wrote (13486)1/29/1998 8:30:00 PM
From: Elroy Jetson  Read Replies (2) of 25960
 
The convertible-bond holder was really hot under the collar! Wondered why Cymer would dare to buy back 13% of the shares outstanding, when the same money would buy back 40% of the bond issue which he claims is selling at a premium! I bet it doesn't tommorrow. Cymer's CFO told him to call privately to find out the reasons for this decision.

Cymer management has become real savy over the last quarter! How shocking, shrinking the float by 13% when they could have instead cashed the shorts out at a premium. I didn't catch that butt-head's name, but he was scared and angry!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News