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Technology Stocks : Cymer (CYMI)

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To: FJB who wrote (15106)2/26/1998 6:13:00 PM
From: Richard Tuck  Read Replies (2) of 25960
 
Everyone,

This whole Grant Willson/DPMI story has NO relevance to DPMI, CYMI, or anything else. By the time 0.08um parts are in production, it will be 2008 or 2009. While I am a buy and hold investor, that is way too far in the future to worry about. Furthermore, who knows which companies will be around in 2008 to capitalize on 0.08um technology? Think about it, when AT&T announced the development of the transistor in 1948, who would you have invested in the next day? It would not have been TI, Motorola, Signetics, or Fairchild because those companies were either non-existent or in totally different businesses. Thus unless you are just playing the short-term bounce caused by a bunch of idiots buying on this news, there is no reason to even think about this news story.

CYMI will go back to 50+ based on events from this century, not on fuzzy speculation about 2008.

Richard
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