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


To: Gemini who wrote (14340)2/6/1998 11:37:00 PM
From: Apple12  Respond to of 25960
 
Off subject:

Buoyed by a stable economy and foreign reserves of more than $80 billion, Taiwan has experienced only a minor decline in its currency and stock market since the turmoil began last summer and its IC and PC makers continue to be financially sound.

Most of its IC makers plan to expand their wafer-fab capacities this year, a time when their rivals in South Korea, Japan, and Thailand are scaling back. As a result, Taiwan's IC industry is expected to grow by 20.5%, to $8.2 billion from $6.8 billion last year, predicted the Industrial Technology Research Institute.



To: Gemini who wrote (14340)2/6/1998 11:42:00 PM
From: sepku  Read Replies (2) | Respond to of 25960
 
Not to speak for Curly, but mere authorization to buyback shares does not equate to any obligation to carry through by management of the concerned company. Not a single share ever has to be purchased. I'm not sure whether there is a date of expiration for the authorized repurchase in CYMI's case.

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