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


To: MtnMan who wrote (18546)7/17/1998 10:16:00 AM
From: Paul Dieterich  Respond to of 25960
 
MM,

SVGI also just announced that they are cutting 21% of their workforce, and are going to have a "15-day shutdown in the second half of its current fiscal year."

(http://biz.yahoo.com/finance/980717/computers__1.html)

SVGI CEO Der Torossian went on to say that as far as he can tell, the semi-equip sector is in the second Q of an approximately 6 Q pullback.

I'm long CYMI mayself, but the truth is that business is awful.

Best regards,

PD