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Technology Stocks : Cymer (CYMI)

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To: Si_Detective who wrote (20933)	2/1/1999 7:55:00 PM
From: orkrious	Read Replies (3) of 25960

More conference call, Jay Deahna asked what the operating profit would have been wintout the inventory writedown/charges. The answer was $.09, but included some tax benefit. I'm not sure how much the tax benefit is, but a profit in the worst quarter ever isn't too shabby. Someone from ABN Ambro, maybe David WU, asked what the basis is for their confidence in increasing their breakeven? Akins answer was essentially that the industry downturn is over. Another money manager, who ???, asked if there were any more inventory writoffs coming. Answer: NO!!!!! All of the inventory writeoffs were thrown in this Q. GREAT NEWS! More to follow... Jay

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