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


To: Paul Dubsky who wrote (13958)2/3/1998 5:25:00 PM
From: Mr. Aloha  Respond to of 25960
 
The $150 million in debt is not a REAL issue because...

the interest rate is incredible low and the shares are convertible at $47 per. When the stock reaches a level that debentures wish to convert ($50+) they will receive approx. 3.2 million shares or drop the price a few bucks.

In the meantime Cymer currently has 30 million shares and could buy some back. Even 33 million shares is small potatoes for future revenue.

Aloha