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


To: Curlton Latts who wrote (8024)11/3/1997 9:41:00 PM
From: missing  Read Replies (1) | Respond to of 25960
 
What is all this nonsense about a repurchase program? A company of this size trying to keep at the cutting edge of technology can spend its money wisely on R&D rather than speculative stock repurchase program.If the stock is unreasonably low the market with catch up with it and in the long run reflect its true price.
IMHO, the stock has to take a real hit (low teens) for the co. to take money away from R&D or building distribution sources to buy back stock.



To: Curlton Latts who wrote (8024)11/4/1997 12:13:00 AM
From: Curlton Latts  Read Replies (3) | Respond to of 25960
 
Anatomy of a CYMI Share Repuchase Program Contrasted to WIND's buyback

CYMI WIND
________ ________

Last QTR EPS $ .24 $.14
Next QTR EPS .23 .16

Year 1997 EPS est. .81 .62
Year 1998 EPS est. 1.10 .82

Current Stock Price $23.75 $39.50


100 Day High 49.25 47.75

CYMI shareholders should demand a $35 million share buyback program
with the excess cash available on the balance sheet. They certainly
can't argue that they ought to build 2000 unit capacity right now.

WIND's investment bankers and Board of Directors are implementing a
stock repurchase program at much higher stock price levels on much
lower earnings and lower earnings growth.

Wall Street and WIND's shareholders and stock price have responded
favorably to the stock buyback.

WIND's stock chart:
www4.techstocks.com

Good Luck To Each And All

Curly
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