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

To: Douglas W. DeVries who wrote (7709)	10/31/1997 11:52:00 PM
From: Douglas W. DeVries	Read Replies (1) \| Respond to of 25960

Correction to my Post: "Since 12-31-96 the Company has increased long-term investments by $ 21,671." I meant to say $ 21,671,000. (Forgot the 000)

To: Douglas W. DeVries who wrote (7709)	11/1/1997 6:15:00 PM
From: Mr. Aloha	Read Replies (1) \| Respond to of 25960

I agree, the financials and debentures are a non-issue. When I first glanced at the filing I thought the conversion price was based on the market close October 29th. That was WRONG. As someone stated the conversion price is at $47 per share. So unless the stock moves above $47, no one would want to convert. This is a non-issue for some time. Aloha

To: Douglas W. DeVries who wrote (7709)	11/2/1997 9:03:00 AM
From: LLCF	Read Replies (1) \| Respond to of 25960

<The reality is that in the long run this debt will likely never be repaid but will convert to stock. Whoever owns these debentures will also pay effectively $ 47 per share, which is far higher than the stock's current price. The longs obviously want this conversion to occur.> The longs obviosly would like to see the stock north of the conversion price (how about borth of 30?) But I hope your not suggesting these outstandibg bonds are a reason in themselves to be bullish??? No one will buy the stock just to make their options "go in the money". DAK