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Technology Stocks : Cymer (CYMI)
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To: Zeev Hed who wrote (17057)4/24/1998 1:57:00 AM
From: pat mudge  Read Replies (1) of 25960
 
particularly "weakening" of US markets (adding to Asian woes) may not sit too well with analysts.

One analyst asked why with all the inventory they would have several flat quarters and the answer was, "The impact going forward is the result of additional warranty reserves we keep when releasing new products." Earlier they said it was also due to heavy spending in R&D and S&M. If earnings can be flat while pumping heavy dollars into preparing for '99, isn't this positive?

Just trying to anticipate tomorrow's market.

Pat
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