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

To: ScotMcI who wrote (19358)	9/4/1998 2:30:00 PM
From: ScotMcI	Read Replies (1) \| Respond to of 25960

Anyone care to comment on the fact that there are now TWO lawsuits against Cymer? Since they look like they're making identical claims on behalf of identical classes, I presume that they'll be consolidated and that one of the firms will end up with the whole enchilada. Or am I wrong? Does the company really have insurance against this type of suit as one poster said, and what would the terms likely be?

To: ScotMcI who wrote (19358)	9/4/1998 2:31:00 PM
From: ScotMcI	Read Replies (1) \| Respond to of 25960

The Lerach suit is a federal suit. Cymer Announces Shareholder Lawsuit PR Newswire - September 04, 1998 13:45 SAN DIEGO, Sept. 4 /PRNewswire/ -- Cymer, Inc. (Nasdaq: CYMI), announced today that a shareholder has filed a lawsuit against the Company and certain of its officers and directors in the United States District Court for the Southern District of California. The lawsuit alleges violations of the federal securities laws, and purports to seek damages on behalf of a class of shareholders who purchased Cymer, Inc. common stock during the period from April 24, 1997 to September 26, 1997. The Company believes that the lawsuit is without merit and intends to defend against it vigorously. Cymer, Inc. is the world's leading supplier of excimer laser illumination sources, the essential light source for deep ultraviolet (DUV) photolithography systems. DUV lithography is a key enabling technology which has allowed the semiconductor industry to meet the exact specifications and manufacturing requirements for volume production of today's advanced semiconductor chips. Further information on Cymer may be obtained from the Company's SEC filings, the Internet at cymer.com or by contacting the Company directly. SOURCE Cymer, Inc. /CONTACT: William Angus, Senior Vice President and CFO, 619-451-7300, Fax, 619-618-3090, or Marie C. Burke, Director, Investor Relations, 619-618-5232, or Fax, 619-618-3090, both of Cymer, Inc./ /Web site: cymer.com (CYMI)