Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mr. Aloha who wrote (96)	10/25/1997 9:25:00 PM
From: ROBERT A. MIDDAGH	Read Replies (1) \| Respond to of 582

To all..This is an excerpt from an interview with William Fleckenstein that appeared in the Oct. 27th issue of "Barron's". "I'm short one other company, Cymer. Symbol CYMI. They make UV bulbs that go into semiconductor lithography equipment. The story was that they had a very sexy laser and no competition. But it turns out they do have competition, and their customers are having some problems. Now this isn't a huge market to begin with, and Cymer already has made enough bulbs to supply it for quite some time. Their business is just going to stop. Yet at nine times revenues it has a $1 billion market valuation. In any other environment, the stock would be a teenager already. [It's around 28.] It's a great story. Even its investment bankers have dropped their recommendations." Here we go again with recycling of unfounded old rumors. I have 10,000 reasons to be concerned about these Short sellers and I thank everone on this thread for their opinions. Bob in Tiburon