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


To: Curlton Latts who wrote (11620)12/17/1997 9:21:00 AM
From: Curlton Latts  Read Replies (2) | Respond to of 25960
 
Stock Buyback Announced by BNY!

biz.yahoo.com

Good Luck To Each And All

Curly
~~~~~~~~^^
[6.6]
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To: Curlton Latts who wrote (11620)12/17/1997 9:31:00 AM
From: Cymeed  Read Replies (1) | Respond to of 25960
 
Nice job, Curly.

While I am not that bullish (because I like to let Mr. Market Speak for himself), I have the following to add on.

Cymi and other semi equipment stocks have been severely damped by Asian flus. But what has been shown so far is, Asian countries have started to put each of their houses in order. Just look at these:

+ Japan tax cut to boost the domestic economy so that Japan will not drag down the global economy;

+ S. Korea shows current account surplus in the midst of their currency crisis. Korea stock and currency are currently in a correction to their previous "over correction."

+ China assures the world it will not devalue its currency to gain competitive advantage, therefore, worsen the economic outlook of Asia and the whole world.

+ Taiwan is quietly and aggressively buying semi equipment to strength their semi industry while everybody else was shouting Asia is on the decline !

To summarize the situation, I personally believe the worst in Asia problem may be over, although there may still be some disappointed news coming out and the full recovery will take months or even years to come.

Overall, the economic situation and market sentiment may improve in the next few months which is definitely good for Cymi.

Good luck, everybody !



To: Curlton Latts who wrote (11620)12/17/1997 11:07:00 AM
From: pass pass  Read Replies (1) | Respond to of 25960
 
That's a great table! But where did you get the number of units? Is it your own estimate based on sources I shouldn't ask or is it in the public somewhere? Thank you.