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

To: Patient Engineer who wrote (6573)	10/25/1997 10:21:00 PM
From: BillyG	Respond to of 25960

Receivables from overseas companies frequently take 90 days or more to get paid. Much of CYMI's business is overseas (Nikon, Canon). I'm not concerned.

To: Patient Engineer who wrote (6573)	10/25/1997 10:26:00 PM
From: Justa Werkenstiff	Read Replies (2) \| Respond to of 25960

*FLASH -- WORD HAS IT THAT NYT HAS FAIRLY POSITIVE ARTICLE IN SUNDAY'S BUSINESS SECTION EDITION ON CYMER -- FLECKENSTEIN SOILS HIS SHORTS * All: Just when you thought Fleckenstein was about to take the stock for a downward spiral, the New York Times comes out with a fairly upbeat article on Cymer. Angus sees 40% sales growth for next year. Can anyone help provide the link?

To: Patient Engineer who wrote (6573)	10/26/1997 5:04:00 PM
From: Sorin A. David	Respond to of 25960

"The one thing that bothers me about Cymer's performance is that their accounts receiveables are around 90 days. Considering they have just 4 customers and their product is in hot demand, why aren't they getting paid in 30 days? In my business, a company that is late with their payments gets pushed to the bottom of the priority queue." Let me answer this one. It is customary for European companies to make all payments in 60 - 90 days. 30 days is only the US standard and foreign companies have their own accounts payable standards which they will not change for US manufacturers. While I am not sure about Japan, I have heard that this is the same with them.