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

To: KellyW who wrote (10724)	11/29/1997 2:01:00 PM
From: Mr. Aloha	Read Replies (2) \| Respond to of 25960

The short story..CYMER makes light bulbs that are used in state of the art.. refrigerators. Oh wait, wrong company, where's my glasses? CYMER makes a DUV laser that everyone needs to produce .25 micron line width - the next step. They control 80-90% of the laser market. Business is great but some fear that manufacturing the equiptment that uses the lasers has been more difficult and costly than initially expected. They (analysts etc..) fear that these difficulties (on no part of CYMER) may cause an initial slow down in orders (laser) while they work out these issues. In the long run, CYMER will prosper, in the next 2-3 Quarters analysts want to see their concerns answered. CYMER has addressed these concerns and says they're natural and will work through it. They project strong growth in 1998. Overall, the stock is oversold right now and will most likely trade considerally higher in the future. Aloha

To: KellyW who wrote (10724)	11/29/1997 5:59:00 PM
From: john david martin	Respond to of 25960

Kelly, read Aloha's response post # 10727. This stock is a favorite of the short's right now but if you think AMAT and other semi equipment mfgs will rebound this a good play. The thinking is that Asia semi mfgs need to move to the state of the art .25 micron technology regardless of state of their economy and that's where this laser is most efficient, and forecasts of up to 600 lasers in 98 will easily put this back to $50 per share as it was several months back. I work in the Irvine high tech area and the locals all talk about this as the most undervalued stock and the #1 stock to own. This stock could move 5-10 in a day when the shorts have to cover.

To: KellyW who wrote (10724)	11/29/1997 9:25:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 25960

Kelly, the short interest is not too big by normal standards (I am still waiting for the November 15th figures, anyone knows why these are not out?) the short position is about 3.6 MM shares or about 1.5 average daily volume. A big chunk could be shorted against the block (a convertible issue at a strike price much higher than current prices). The hedgers will not have the normal urgency to cover as the naked shorts. Zeev