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


To: WTSherman who wrote (18235)6/23/1998 10:06:00 AM
From: Curlton Latts  Respond to of 25960
 
GWM- You'ld need to check the indenture - but you're probably right - there is likely a protection mechanism in there for the convertible bond holders. Especially considering the cheap cost of the money. I remembered that this morning and thanks for pointing it out.

My comments about the Company needing to consider a long range discounted projected earnings model for analyzing share repurchases remain valid. They should be purchasing stock at these levels.

Good Luck To Each And All

Curly

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