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

To: TideGlider who wrote (13548)	1/30/1998 12:05:00 AM
From: Yakov Lurye	Respond to of 25960

IMO, analysts in attendance expected positive 4Q results and some dropoff in short-term backlog. 10-15% reduction in 1Q output is by no means catastrophic. An increase in R&D now that CYMER is finished with capacity expansion was to be expected, timing is reasonable considering that CYMER plans new products introduction by 2H98. Considering the expected drop in 1QEPS and possible fallout, stock buyback decision is a good idea. I do not expect a drastic reaction to the CC or buyback news tomorrow, the stock will trend with the sector. Regards, Y.