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


To: Sprocket who wrote (10678)11/28/1997 8:44:00 AM
From: Otimer  Read Replies (2) | Respond to of 25960
 
I got this from DLJ:

11/25/97
CYMER (CYMI: $19.63 )
Meeting With Management: Story Remains Compelling
ÿÿEarnings Per Share
Old
New
P/E Ratios
ÿÿ(FY:Dec.)
1998E
$
$1.08
18.2
ÿ
1997E
ÿ
0.84
23.4
ÿ
1996A
ÿ
0.28
70.1

Rating: BUY
Change: None
12-Mo. Target: $33

We recently hosted well-attended investor luncheons in New York and in Boston for the management of Cymer as
well as one on one meetings with management. Representing the company was Dr. Robert P. Akins, President
and CEO and William A. Angus, III, Senior V.P., CFO and Secretary. The story remains one of the most
compelling of the industry. This company has perhaps the widest void between fantasy and reality of any
company we follow. The street continues to be concerned about rumors and unsubstantiated short stories and
theories. However the company has stuck to its guns and is not wavering on its view that business is good and
there appears to be no real competition that has come to light. The problem seems to be that Cymer is boxing
with ghosts.



To: Sprocket who wrote (10678)11/28/1997 9:34:00 AM
From: Cymeed  Respond to of 25960
 
Thanks, Sprocket.

If this is true, it is a very bad news because it means a lot of folks indeed bought Cymi on margin, and the shorts probably count on those margin calls. Besides, calling stock certificates would not work. The margin accounts would not be able to call the stock. There will not be enough certificates to be called to form a squeeze. It breaks my heart to see such bright tiny company fall into the hands of those marginers ! Hopfully, those people who has been on the side line all the time will step in and take this good buying opportunity to hold a position. Time can probably tell.

Can the longs or the company do something to break the short selling ? Is there anything works, beside waiting, hoping, and praying ?

Good luck to all.