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


To: NW Bronco Fan who wrote (14309)2/6/1998 4:11:00 PM
From: FJB  Read Replies (1) | Respond to of 25960
 
Bronco Fan, I'd say our ability to get to $24 in the near term is totally dependent on what AMAT says Tuesday. What do you think? Any predictions on how positive their call may be? Guess I should go lurk on the AMAT thread to get a feel.

Bob



To: NW Bronco Fan who wrote (14309)2/6/1998 7:17:00 PM
From: sepku  Respond to of 25960
 
I have no idea to what extent this rally will continue for CYMI. I imagine we should be trading beyond 30 by Q3, though. Of course, I was the one accumulating shares last Summer from post-split 30 up to 45, and then back down to 28 before giving up trying to catch the bottom...so I'm probably the last person who should try to make any sense of where this stock is heading to.

I love the fundamentals of this company -- the financials, technology, and competitive position are all excellent. I'm confident that the value of this company will be reflected in its stock price over the next 2 Q's.

I doubt management uses the entire quoted share buyback of $50 mil.; maybe as little as 1/4 of that amount. I believe the buyback was simply a strategic move in efforts to repair the stock and restore some confidence to investors. The psychological edge provided is of use enough to provide the benefits with minimal usage of the treasury.

I don't think it's unrealistic that CYMI could hang around the mid 20s to high 20s by the time Q1 results roll around...in April, is it?

>>>Nice to see ASND turning around for you!!<<<

I'd been sweating bullets for months! ;o)

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