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


To: orkrious who wrote (18916)8/3/1998 10:17:00 AM
From: Curlton Latts  Read Replies (3) | Respond to of 25960
 
Jay-The best way to really beat the shorts is to get the Company to continue to buy back its stock under the $50 million stock repurchase program. At these oversold prices (using a discounted ten year projected cash flow model the stock is being given away when compared to its peers) you would expect them to be buying the stock - but, the volume in the stock has been very low. I would bet that just a little buying action in the stock would send it kiting back upward. In fairness that has probably been a limiting factor in how rapidly the buyback has been effectuated.

Slow but sure wins the race.

Good Luck To Each And All

Curly

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