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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (23405)	10/30/1999 9:56:00 AM
From: Investor2	Read Replies (2) \| Respond to of 25960

RE: "Do you have any thoughts about insider selling?" Yes, when I ran across the data the other day, it worried me. I bought in at $13 and sold at $28 for a nice profit before CYMI dropped back into the teens. I then bought at $16 or so and am still holding. I'd rather not give up that $20 capital gain, but I really don't want to sell this year, because my 1999 capital gains liability is already obscene. Generally, I'd rather see insider buying in the stocks I own than insider selling. For instance, when I ran across the CYMI data, I also noticed these data for a company I'm watching: moneycentral.msn.com It is much more comforting (to me) to see management buying. As you point out, however, insider selling in the industry is nearly always heavier than buying. Perhaps that's because companies in the industry replace a portion of managements' salaries with options, and the management is really just "collecting their salaries" when they sell their shares. You asked, "Did you know Akins' stock position gets larger every year despite selling stock? Probably not." You are correct. I didn't know, which is exactly the reason I asked. You also asked, "Weren't you the same person that asked about the status of the class action a few times even after having its status explained to you? Yes, you are." Correct again. As a shareholder, things like that concern me. I find that there is a wealth of information available on SI, and if one can ignore the attitude of paranoid, rah-rah investors that one sometimes runs across, one can learn much. Thanks for the information, I2

To: FJB who wrote (23405)	10/30/1999 5:49:00 PM
From: ScotMcI	Read Replies (1) \| Respond to of 25960

Now that you've brought it up, do you happen to know what the status of the lawsuit is? I was expecting someone to ask about it in the conference call, but nobody did. Doesn't seem to be anything on the Cymer site about it either. It's been over a year since it was filed, and the last info I heard came from the annual meeting where they said that the jillion plaintiff firms still hadn't settled on who was going to be the firm in charge. It would be nice if the whole stupid thing got tossed out of court, but it's probably too much to hope for. Wonder if I'll attend the next annual meeting and it'll still be pending.