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

To: Defrocked who wrote (5823)	10/23/1997 9:02:00 AM
From: Steven Angelil	Read Replies (3) \| Respond to of 25960

It looks like CYMI will not be hurt worse than most. Poor AMAT is opening down around 2-3 points. Same for Philips Electronics. I guess that region doesn't have too much of an impact for Cymer. Can anyone elaborate? In a related thought, at least this is happening today and not tomorrow, just in case our earnings are really good. Hopefully, that will be the case and the overall market will rebound tomorrow. Steve

To: Defrocked who wrote (5823)	10/23/1997 9:06:00 AM
From: JRGEE	Read Replies (1) \| Respond to of 25960

I heard on CNBC that the 30 t-Bond is trading at 6.29%. I flight to Uncle Sam. I thought this was good for stocks.

To: Defrocked who wrote (5823)	10/23/1997 9:40:00 AM
From: Jess Beltz	Read Replies (1) \| Respond to of 25960

<offtopic> Defrocked, the word out of Beijing (direct from the foreign press secretary) is that there will be no interference from Beijing in the turmoil in Hong Kong. The SAR (Special Administrative Region) will be on its own to defend its own currency and of course to maintain the HK$-US$ peg. That is fine with the HK Monetary Authority, which has the largest US dollar reserves in the Far East (and maybe the world) outside of Tokyo. Of interest here is that some of the banks (but not the major local banks, particularly the Hong Kong and Shanghai Banking Corporation) have been deeply involved with trying to run the HK dollar, and the domestic interbank lending rate shot up to 300% (note did not rise by 300 percent, but actually WAS 300%) in an attempt to control the use of interbank leverage by speculators. I really don't think this will have much affect on Wall Street, at least I hope not. will supply occasional updates. jess.