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

To: Gemini who wrote (17531)5/16/1998 10:25:00 PM
From: Investor2  Respond to of 25960
 
Re: "technology companies, particularly chip and computer
manufacturers, are facing a number of negative concerns not the
least of which is Japan's economy and the excess supply of dram
chips."

I buy into the excess supply of DRAM argument. Regarding the Japanese economy, it has been pathetic for eight years, during which time U.S. companies have been growing in leaps and bounds. Regardless, I believe that these two factors are priced into the market at this time.

Personally, I would love to see CYMI drop; the more, the merrier. I love buying things cheap.

Best wishes,

I2



To: Gemini who wrote (17531)5/16/1998 10:56:00 PM
From: jeffbas  Respond to of 25960
 
If you look at the buyback announcement and the price, it was around $15, and in no time shot up to $20. $20 is materially different from $15. Sometimes the simplest explanations are the best, that it was worth using up cash at $15, but not $20.


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