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

To: Steven Angelil who wrote (9385)	11/13/1997 12:22:00 PM
From: Steven Messina,L.M.T.	Respond to of 25960

Incase this hasnt been posted.....sorry if it has: CYMER INC files 0930 qtr 10-Q. IFN Smart Edgar News - November 13, 1997 14:05 Excerpted from 10-Q filed on 11/13 by CYMER INC: CYMER INC files 0930 qtr 10-Q. Reports $0 mil tot rev and $.23 EPS. Results of Operations The following table sets forth certain items in the Company's statements of income as a percentage of total revenues for the periods indicated: TABLE CAPTION Three months ended Nine months ended September 30, September 30, 1996 1997 1996 1997 S C C C C Revenues: Product sales 97.5% 97.6% 95.0% 98.6% Other 2.5 2.4 5.0 1.4 Total revenues 100.0% 100.0% 100.0% 100.0% Cost and expenses: Cost of product sales 53.9 62.2 54.6 61.2 Research and development 17.7 11.8 20.0 12.0 Sales and marketing 9.2 5.8 9.3 5.7 General and administrative 5.3 3.5 6.1 4.1 Total costs and expenses 86.1 83.3 90.0 83.0 Operating income 13.9 16.7 10.0 17.0 Other income (expense) -net (0.8) (0.6) (0.6) 0.3 Income before provision for income taxes and minority interest 13.1 16.1 9.4 17.3 Provision for income taxes (2.1) (4.0) (1.5) (4.3) Minority interest .2 .1 Net income 11.0% 12.3% 7.9% 13.1% Gross margin on product sales 44.6% 36.2% 42.5% 37.9% TABLE results of operations. results of operations. results of operations. (End of Item Excerpt) ----------FINANCIAL DATA SCHEDULE-------- PERIOD-TYPE 9-MOS FISCAL-YEAR-END DEC-31-1997 PERIOD-END SEP-30-1997 CASH 125,983 SECURITIES 41,113 RECEIVABLES 56,264 ALLOWANCES 802 INVENTORY 43,713 CURRENT-ASSETS 304,707 DEPRECIATION 10,099 TOTAL-ASSETS 375,908 CURRENT-LIABILITIES 81,601 BONDS 0 PREFERRED-MANDATORY 0 PREFERRED 0 COMMON 29 OTHER-SE 117,693 TOTAL-LIABILITY-AND-EQUITY 375,908 SALES 56,062 TOTAL-REVENUES 57,468 CGS 35,773 TOTAL-COSTS 35,773 OTHER-EXPENSES 12,090 LOSS-PROVISION 0 INTEREST-EXPENSE 1,743 INCOME-PRETAX 9,230 INCOME-TAX 2,307 INCOME-CONTINUING 7,047 DISCONTINUED 0 EXTRAORDINARY 0 CHANGES 0 NET-INCOME 7,047 EPS-PRIMARY .23 EPS-DILUTED .23 ------------------------------------------------------------------------ DISCLAIMER: The information provided through this news feed is excerpted from documents filed with the Securities and Exchange Commission (SEC) and should not be relied upon without review of the full documents filed with the SEC. In no event will Internet Financial Network, Inc., its officers, directors, employees, stockholders or agents, be liable to you or to any third party for any damages, costs or expenses arising or incurred in connection with any action taken or failure to act that is based upond the information contained in or omitted from this news feed or the documents filed with the SEC. ------------------------------------------------------------------------

To: Steven Angelil who wrote (9385)	11/13/1997 4:35:00 PM
From: Elroy Jetson	Read Replies (2) \| Respond to of 25960

What a difference a day makes! Cymer up 7/8 to 18 3/4. Technical Bounce or Bottom? Place your bets! Greenspan trying to assure public US can withstand Asian problems. Will it stick?

To: Steven Angelil who wrote (9385)	11/14/1997 3:04:00 AM
From: PAL	Read Replies (1) \| Respond to of 25960

Hang in there Steve: Individual Investor has an update on Cymer: BRIGHT LIGHTS Cymer (Nasdaq: CYMI) fell from grace in September. Soon after we featured the maker of high-tech lasers used to make conductors "Blazing Wafers," August), shares jumped to a split adjusted $ 48.75, nearly double the recommended price. Then management canceled a presentation at a technology conference sponsored by the New York brokerage Needham & Co and the rumor mill started grinding. Among other things, investors heard of a fire at one of Cymer's plants, and by the end of September shares had tanked 43% to $ 27.88. Most of the rumors turned out to be fiction, but investors have kept pressure on shares. Analyst Jay Deahna of Morgan Stanley, Dean Witter, Discover & Co. downgraded the stock, citing weak demand for lasres, as well as problems at Cqanon and Nikon, two Cymer sutomers. Deahna cut his earnings estim,ate for 1997 from $ 0.84 a share to $ 0.76, and for 1998 from $ 1.15 to $ 1.00. It seems shares have bottomed. Although Cymert faces competition, it still dominates the market for its narrow-beam lasers, which enable manufacturers to etch more transistor onto chip than with traditional lasers, increasing processing speed. Chipmakers' reliance on Cymer justifies the p/e of 30 to 1998 estimates, according to Robert Maire, an analyst at Donaldson, Lufkin & Jenrette, who began recommending the stock in early October. Maire has a price target of $ 33, and is thinking of raising it. "This is very volatile market, and you make your money by investing in overcorrections," he says. by Stephen Gandel ______ Boldface is mine. We may have an ally in Robert Maire. Good Luck. PAL