SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: Pierre who wrote (13449)1/29/1998 6:08:00 PM
From: C E D  Read Replies (1) | Respond to of 25960
 
To any:

Ah puke! This is just plain bad news, we needed good earnings and a positive forward view. 1st qtr98 at $.09 to $.14 just won't get the job done, and an stock buyback authorization is not necessarily a stock buyback, as a friend pointed out, these companies do this and either it is hardly noticed over a period of time or they never buy the stock back. Most of the CEO's money is in the price of the stock, so I guess he and they are feeling the pain as well. I am long on this stock but not because I want to be anymore. As I said before this is the Rodney Dangerfield of tech stocks. I can still see this stock at $30 in '98 but not before we see $13 and maybe even $12. Bummer!

Regards,
Ed