SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: TideGlider who wrote (14789)2/18/1998 2:50:00 PM
From: Czechsinthemail  Read Replies (1) | Respond to of 25960
 
TG,

Shareholder Rights programs typically get instituted when the stock price has been weak and there is concern that someone will try to buy it on the cheap. I think that may be a reasonable concern for CYMI now given the combination of its big price drop and strong potential going forward.

Since semi and semi equip stocks trade with wide swings between the gloomy going-to-hell and glowing going-to-the moon expectations, long term investors are likely to do best by picking companies with strong long-term prospects when the near to intermediate future looks cloudy or negative. The ability to look beyond that is what allows you to pull the trigger, buy it relatively low and sleep well. Whether CYMI will trade lower in the short term is hard to predict. That CYMI will trade much higher in the long term, IMHO, is much easier.

good luck,
Baird



To: TideGlider who wrote (14789)2/18/1998 4:41:00 PM
From: Curlton Latts  Read Replies (4) | Respond to of 25960
 
Tide: Anything less than $90 per share in a takeover is too cheap. The stock's fair value right now is $60 and a 50% control premium in a takeover gets you to $90 per share. The $90 is much less than I believe the stock will trade at sometime in the next couple of years however. So, it is probably not a wise choice to sell for $90 right now.

Good Luck To Each And All

Curly
~~~~~~~^^
[6.6]
.....>
[_]