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Technology Stocks : Cymer (CYMI)
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To: raymond marcotte who wrote (14542)2/11/1998 10:11:00 AM
From: IMPRISTlNE  Read Replies (1) of 25960
 
raymond RE: "my preferences for companies that are young and subject to fluctuations in income, is that they have zero long term debt"

raymond, OK, I agree, in a perfect world..... But this Is a VERY expensive Widget. IF Cymer can borrow the money in the single digits and leverage double digit long-term return.... if they are so confident in their future and expanding margins that they are willing to borrow money to buy back shares(which is not the case)....I say...HEY, Let the IRON HIT THE SOUL..SCREW THE BEANCOUNTERS....step up to the plate and buy-back another 50 MILLION.

IMP
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