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

To: Zeev Hed who wrote (18049)	6/13/1998 10:16:00 AM
From: Rob C.	Read Replies (1) \| Respond to of 25960

Ouch, that's all I have to say about CYMI right now, OUCH!!! Most of my trading profits on CYMI are now gone. Still up barely. I can't believe we are here again. Any idea on how low??? I think a technical bounce will happen on Monday, but it seems I have been very wrong lately. Thanks, Rob

To: Zeev Hed who wrote (18049)	6/15/1998 2:00:00 AM
From: pat mudge	Respond to of 25960

nikkeibp.asiabiztech.com <<<<June 15, 1998 (TOKYO) -- Personal computer sales at about 2,000 retailers of household appliances in the third week of May 1998 (May 18-24) increased by 9.3 percent in volume and by 7.6 percent in value from the previous week, according to GfK Japan Ltd., an information service company. The sales rose by 14.9 percent in volume and by 1.8 percent in value from the same week last year (May 19-25, 1997). The average retail price decreased by 3,462 yen (US$24) to 217,514 yen (US$1,532) from 220,976 yen (US$1,556). >>>> nikkeibp.asiabiztech.com <<<June 15, 1998 (TOKYO) -- Some 23 percent of users in Japan said they plan to buy Windows 98 within three months of its release, according to a recent survey. >>> From the Financial Times: <<< MONDAY JUNE 15 1998ÿÿAsia-Pacificÿ US buys $8bn of region's business By Tony Walker in New York US acquisitions of Asian businesses this year have reached a value of $8bn, double that of the previous record year, reflecting a drive by US corporations to take advantage of Asia's deepening crisis. Securities Data, a US-based monitoring agency, reports the pace of acquisitions in Asia increased in the second quarter, with Japan's financial sector the main focus. 1996 saw the previous high, with $4.3bn in US takeovers across Asia. US corporations have announced investments worth about $4bn in Japanese businesses in 1998, led by Travelers Group's 25 per cent $1bn stake in Nikko Securities, Japan's third largest brokerage. Wen-Tzen Lim, a mergers and acquisitions analyst at Securities Data, describes the present surge of investment by both US and European investors as a "historic moment" which he likens to the UK's "big bang" when it opened its financial sector to foreign investors. Securities Data, whose survey included Japan, South Korea, Thailand, Malaysia, Indonesia and Hong Kong, found that to mid-June Japan accounted for more than half announced deals, followed by South Korea and Thailand. Metropolitan Life's announcement this month that it had reached an understanding with Korea Life, South Korea's second largest life assurer, on a $1bn equity and reinsurance package marks the fourth straight month that proposed investments by western companies in Asia have exceeded $1bn - the first time this has happened. UK, German, Dutch and Swedish companies are leading the European push. European investments this year stand at about $4bn, according to Securities Data. These include Tesco of the UK's $350 purchase of a Thai supermarket chain, Commerzbank of Germany's $249m stake in the Korea Exchange Bank and Dutch ABN-Amro's $180 investment in the Bank of Asia. Daimler Benz's negotiations for Nissan's heavy truck division are advanced and would prove one of the more significant investments by a western company in a strategic Japanese sector. William Dinning, an emerging markets strategist at Merrill Lynch, expects the trend to deepen "in an environment where direct equity opportunities arrive sooner than opportunities for portfolio investors". Record investment by US and European companies in Asia this year contrasts with a slack 1997, when the Asian economic crisis first began to bite. A survey by KPMG Corporate Finance found the decline in foreign investment in the region was concentrated in the second half of the year, when local currencies and equity markets started to slide. "The first half of 1997 showed a steady increase in cross-border acquisitions in Asia/Pacific, but in the final six months they slumped by around 50 per cent," it said. The drop in 1997 was particularly marked in Japan, where inward corporate investment was down by 83 per cent to $800m. Robert Hormats, top Asian strategist at Goldman Sachs, said the pace of mergers and acquisitions was "certainly picking up". "Whereas a portfolio investor sees only volatility, a long-term investor sees through that volatility," he said.>>>>