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


To: orkrious who wrote (21855)4/27/1999 10:16:00 PM
From: Curlton Latts  Read Replies (2) | Respond to of 25960
 
The Company has $160 million of cash and securities: $6 per share. From the press release-

>>Cash and cash equivalents, and short and long-term investments totaled $160,175,000 at March 31, 1999<<<

Ask A & A what can we expect to see done about all that cash! Why don't we do another Stock Buyback! Given that Applied Materials is trading at 30 times next year's earnings - why aren't A & A using all this cash to buyback even more stock when CYMI is trading way under 30 times $1.30 ~ $40! Somebody needs to keep these guys accountable to shareholders now that industry conditions have turned decidedly upwards. Cymer should begin to show substantial growth in quarterly earnings and positive cash flow or shareholders need to be told why not? It appears they're making the right moves.

Good Luck To Each And All

Curly

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