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

To: Nadeem who wrote (13535)	1/29/1998 11:09:00 PM
From: TideGlider	Read Replies (1) \| Respond to of 25960

Nadeem: You have posted nothing but negative comments since Nov 19. You obviously had some degree of blind optimism yourself. Did you sell? Hope you did and saved the money. If not I hope you get out before you lose more. Regards TG

To: Nadeem who wrote (13535)	1/29/1998 11:10:00 PM
From: john david martin	Respond to of 25960

First WDC then APM then DEPO now CYMI boy am i on a roll from 100k to 30k in just 4 months.

To: Nadeem who wrote (13535)	1/29/1998 11:13:00 PM
From: ben luong	Respond to of 25960

Nadeem, don't forget much of the price drop in the last three months are due to the institutions dumping millions of shares. Now the institutions have finished dumping, and CYMI will purchase 50 millions worth of its own shares in the open market (or private negotiations), I do not see the stock will drop much further. Also remember that after the carnage, lots of shares have ended up in die-hard and valued-oriented shareholders. They won't trade unless the stock goes to the price they want to sell. This is evidenced by the reduction of daily volume in the last few weeks. So given the lack of institution involvement (at least selling), CYMI's stock repurchase at the open market, and shifting of momentum players to value-oriented investors, I think the pressure is on the buy side.

To: Nadeem who wrote (13535)	1/29/1998 11:28:00 PM
From: ben luong	Respond to of 25960

Shareholders also need to remember that stock buy-back will have positive impact on next quarter's EPS. Assume CYMi can buy the shares at a price of $15-20 with avg price of $17.5 using $50 millions for a total of 2.9 millions shares. Total outstanding shares: 30,042,000 minus 2.9 millions = 27 millions. This can potentially increase the EPS by (30 mil / 27 mil -1) = 11%. So there is a potential for the upside surprise in next quarter.