Cymer (CYMI) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: raymond marcotte who wrote (14490)	2/10/1998 12:54:00 PM
From: Mr. Aloha	Read Replies (1) of 25960

Looking back at the rise and fall NOW.. it all makes total sense... The rise was on overly optimistic momentum... The fall was attributed to the conference call pull-out and analyst downgrades. It was also helped by day traders shorting etc.. Then there was the Asia crisis with competition concerns, faulty product, poor service and COMPETITION. Everyone basically left dodge on Cymer. Now there's really no competition, no faulty products, NEW products, a potential share buyback, product being used in full production, an affordable stock price and a short position that was too large with too much profit. We just need to get over the first few Q's of adjustments. Regarding the debt ratio... To me it's meaningless. The debt has a rate of something like 3.5% until 1999 or 2000? Then it's 5-7%. That is incredible CHEAP. They have $130 million in the bank and they're MAKING MONEY. If they want to spend up to $50 million to buy back STOCK at $15 or below :-)... I say let'em. When the stock moves to $50 the debentures will begin to convert and the debt will be gone.... So the stock hits a major hurdle at $50-60. With all of our positions in this ball park.. I can live with that :-) Aloha

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next