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


To: craig crawford who wrote (9506)11/13/1997 8:29:00 PM
From: sepku  Read Replies (1) | Respond to of 25960
 
I believe TechHunter's got a good idea brewing, and since he is so generous to fly out to San Diego himself, it's the least we can do to see if we can raise up the 300,000 shares. So, like I said I would, I posted the following message on the CYMI board at AOL's Fool, and let's see if those shareholders care enough about their investment to give a meeting with a company exec a fair shot.

TechHunter, I think you should give it a couple more days to see how many shares can be raised. Also, once we have an idea of whether the 1% is accounted for or not, somebody who has a handle on typing up formal forms could post one on this thread for all to fill out with the pertinent info and fax to you for filing.

Style Pts.
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To all CYMI shareholders:

I'm not sure if many of you follow the SIlicon Investor thread, but there has been overwhelming support for the idea of sending a representative for the online community of individual investors, representing at least 1% of total shares outstanding, to meet with CEO Akins to discuss certain points regarding the company and how to better promote shareholder value in light of the stocks recent collapse.

Craig, aka TechHunter, is an executive recruiter who often meets with CEOs, CFOs, COOs, and the like. He lives in CT, but has offered to fly out to San Diego and meet with a couple other local investors in order to schedule a meeting with the CEO or other company officer for 30 min to an hour.

Of course, in order to justify such a meeting, Craig must have the credibility that comes with the support of as many of we individual shareholders as possible. Most of us agree that a collective interest of at least 1% of outstanding shares would be enough to deserve a meeting with our chosen representative. So we need at least 300,000 shares to be represented -- of course, the more the better. That would only be 100 investors at an average of 3000 shares, which is not that difficult at all between the Motley Fool and Silicon Investor, if we all join forces. Like I said, in just the last 8 hours or so, there has been overwhelming support for the idea, and dozens of investors have responded with their support for sending a representative of our collective interests to San Diego. Thus far, about 100,000 shares have been offered for representation.

I proposed that a brief formal document be posted at SI which we all could print out and fill in with our name, declared # of shares, and signature -- which in turn could be faxed to Craig and filed. This personal information would be kept strictly confidential, of course. This would lend him the credibility he needs to meet with a Cymer officer, hopefully the CEO or CFO. All willing participants should feel free to email or fax Craig any issues, suggestions, or questions, he/she wishes to be addressed.

An ex-PR guy who posted earlier had some valid points. After we collect the support we need and receive over 1% representation (hopefully with signed faxes), it would indeed be prudent to notify as many members of the media as possible...I'm certain such a collective effort by the online investing communtiy would carry some reporting interest with the press. Especially San Diego's local tribune(?) that has reported on Cymer often in the past. A little publicity covering a meeting such as is proposed, would go a long way to pressure the company to allot us some time.

This is a serious proposal, and certainly possible with the proper amount of shares to be represented. If you would support this effort, please post to the board the size of your position so I can get an idea of how many shares the Motley Fool CYMI investors represent. I will then forward this information to Silicon Investor. If it is decided that a faxed form is the best way to go along with this plan, I will post that form here to be printed, filled, and faxed (along with Craig's fax#, of course).

Let's demand attention to shareholder value for our great company!



To: craig crawford who wrote (9506)11/13/1997 8:36:00 PM
From: michael modeme  Respond to of 25960
 
I have 650 shares -- count me in.



To: craig crawford who wrote (9506)11/13/1997 8:56:00 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 25960
 
Ascend's margins are much higher along with it's price to sales ratio. COMS has smaller margins and a lower price to sales. For Ascend and COMS to be valued similar when COMS is at 25 Ascend would be around 10... IMHO. This is why I think shorting COMS below 30 is somewhat risky based on other higher Price to Sales stocks.

Most techs never go below P/S ratios of 1. COMS drop dead support is at 25. Ascend's is ??? 15-17?

Jim