Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: David Fleming who wrote (16334)	4/4/1998 8:11:00 AM
From: George Coyne	Read Replies (1) \| Respond to of 25960

Dave, Sounds like a very reasonable thesis to me! G. W.

To: David Fleming who wrote (16334)	4/5/1998 1:51:00 AM
From: Apple12	Read Replies (1) \| Respond to of 25960

"Last quarter they told analysts to expect a 10 to 15 cent decline in eps for this quarter and most analysts adjusted their estimates for worst case (the consensus is 9 cents I think). I suspect that they (Cymer management) exaggerated things a bit and knew full well that earnings would be no where near this bad. So, knowing that they are going to blow estimates away, they begin buying back stock - lots of it - to build momentum" Not far fetched, I said this when they first announced. You are right on!