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

To: LLCF who wrote (7801)11/2/1997 11:22:00 PM
From: Douglas W. DeVries  Respond to of 25960
 
DAK:

I was not suggesting that the outstanding bonds were a reason in and of themselves to be bullish. I simply was pointing out that there is a high level of probability that the debentures will be converted to stock by August 2004 when the debentures mature. Between now and then the debenture holders can sit back and collect their interest. By August 2004 this stock should be trading well north of $ 100 per share. (Conservatively speaking)


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