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

To: Melkon Khosrovian who wrote (10788)	12/1/1997 3:58:00 PM
From: FJB	Read Replies (1) \| Respond to of 25960

It's hard to take such drivel seriously, especially when the anonymous poster doesn't know the name of the CEO.

To: Melkon Khosrovian who wrote (10788)	12/1/1997 10:29:00 PM
From: ben luong	Respond to of 25960

Cymer at $20 1/4 for sale for $40's? Is this guy kidding or what? No company in their right mind will pay a premium of 100% to take over CYMI, not even a company with billion cash like INTC. The debunture is a non-issue. Convertible bond holders don't have the right to vote like common stock holders. The only way they can do it is to convert their bonds to common stocks, which they can't do it unless stock price > 40's. So if someone wants to do a hostile takeover, I think they can easily satisfy many shareholders at the 30's. Those who don't surrender their shares face the real danger of holding an illiquid and non-tradable stock certificate. I don't think cymer board has any provision in their charter that protect investors from hostile takeover if the stock price drops. But I do believe that there is a slight possibility that someone will make a bid for cymer at this price, given the attractive earning potential cymer has.