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

To: Bryan Steffen who wrote (17600)	5/19/1998 10:01:00 PM
From: TideGlider	Read Replies (1) \| Respond to of 25960

Since I can't make money on this stock except on bigs dips I have nothing to lose by a large pullback. TG

To: Bryan Steffen who wrote (17600)	5/19/1998 10:08:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 25960

Bryan, I think that management has a fiduciary responsibility to discharge, they should not be buying shares when they are "expensive" relative to the stocks peers. I know not what "measures" they use, but despite the decline in the stock, on measures such as PSR and PB the stock is priced high according to its peers and they probably would not step in to buy until the price decline, if it does, to the mid teens, IMHO. I believe that at the meeting that was approximately the response provided for a similar question. Zeev

To: Bryan Steffen who wrote (17600)	5/19/1998 10:10:00 PM
From: Sid Stuart	Respond to of 25960

Here is an interesting thought to ponder. Management has not bought back hardly any of the planned stock repurchase (only $2+ million of the %50 million). With prices being relatively cheap (an opinion I have heard from a number of posts), Isn't kind of worry-some(sp?) that management hasn't bought back more. I think that one could easily interpret it as a sign that the company believes the stock is over-valued at these levels. Or it could be the sign of prudent management looking at an industry downturn that no one can predict the end of. When times are tough, you keep your money in the bank. Sid