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

To: TideGlider who wrote (13751)1/30/1998 9:24:00 PM
From: pass pass  Read Replies (2) | Respond to of 25960
 
Briefing did a piece on CYMI. Morgan cut the earning by half to 0.40 this year, but positive on next year (1999). If so, this stock will never see $25 the next 6 months. Damn!



To: TideGlider who wrote (13751)1/31/1998 2:13:00 AM
From: Sorin A. David  Respond to of 25960
 
Also what this buy back of common stock will do is reduce te number of outstanding shares, which in turn will tend to help the EPS by dividing the income over fewer shares. I too think that this is a bullish (and, yes, very helpful) move for the company and the shareholders.


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