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Technology Stocks : Cymer (CYMI)
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To: Tulvio Durand who wrote (14835)2/19/1998 1:42:00 PM
From: Matt Webster  Read Replies (2) of 25960
 
Tulvio, thank you for repeating the party line so concisely. Your most useful piece of data, which I had forgotten, was that the stepper makers each own 10% of the company. It immediately follows that we will NEVER get monopoly profits, while our customers have this much leverage. The best thing CYMI could do is find a company that could buy out the others and start charging what the lasers are supposedly worth. That's not happening. We're not going to get rich as a joint venture with Canon, since they have a completely conflicting interest with common shareholders.

Matt
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