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


To: TI2, TechInvestorToo who wrote (12831)1/19/1998 3:59:00 PM
From: cardiologist to be  Respond to of 25960
 
after selling at 23, i am now back in at 15. I originally bought at 31, so i am needing to get back to 23 to get even.
been reading about on this thread and on yahoo msg about cymi and one thing is clear. no one has a clue as to the net effect of all the recent turmoil on cymi. one thing is clear, especially after reading MF, cymi can not go down much further. this company is profitable and is showing good growth. i think seeing 30 or 40 this is year is farfetched, but if one is interested in 20-30 % return (like i am), cymi will likely reach 20 before year out. daytraders may love this stock, but if you are a "long" hoping for a rebound to 30-40, you may be delusional. (see asnd, coms, intc as examples of strong companies, beaten down with no to slow recoveries of record highs). Look elsewhere if you are seeking to double your money. (bsx).



To: TI2, TechInvestorToo who wrote (12831)1/19/1998 5:50:00 PM
From: TI2, TechInvestorToo  Respond to of 25960
 
LG HYUNDAI focus on semiconductors in restructure according to today's Korea newspaper:

Hyundai And LG Release Restructuring Plan

The Hyundai and LG groups announced their voluntary corporate restructuring plan Monday, incorporating the external selection of directors, external auditing, no cross guarantees and concentration on core industries. Samsung and SK groups are expected to announce their restructuring measures on Tuesday.

Park Sey-yong, president of Hyundai's central planning office, said that external directors are to be selected to ensure transparency of its business and financial structure, and as a means of protecting shareholders' interests. The group is to withdraw its holdings in the 'Munhwa Ilbo' newspaper and halt construction of a new steel mill. In addition it is not to takeover the bankrupt Halla group.

LG is to liquidate all none core businesses, valued at W15 trillion, by the year 2002, end cross guarantees by 1999 and will publish its first consolidated financial report in 2000. The company is to focus on areas that it is competitive in internationally such as telecommunication and information and semi-conductors. As its first measure LG is liquidating 90 fringe businesses, worth W2.4 trillion, by 1999.