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

To: Zeev Hed who wrote (21959)	5/5/1999 3:48:00 PM
From: orkrious	Read Replies (1) \| Respond to of 25960

I feel very, very positive about CYMI. Fabs are being built or re-equipped. We also held up very well on a relative basis as all of our larger brethern <SP?> were tanking. Our day is here. Jay

To: Zeev Hed who wrote (21959)	5/5/1999 3:56:00 PM
From: ScotMcI	Read Replies (1) \| Respond to of 25960

It could very well be that Korea and Japan are finally showing signs of revival (Korea more than Japan). Apropos that, there's an editorial in today's WSJ titled "Asian Economies May Suffer a Relapse". It reads in part: The willingness to undertake reforms has weakened noticeably on all fronts. Even in such reform-minded countries as South Korea, there are clear signs of a relapse. The top chaebols have actually increased their debt rather than proceed with financial consolidation. The disgraced president of a large public company is being replaced--by his son. Rising stock-market returns add to this renewed sense of good cheer, even though it is not justified by the economic fundamentals. A dividend discounting analysis model developed by Rabobank shows that 94% of the stock-market increases in six Asian emerging markets can be explained solely by the lower interest rates that now prevail. I sure hope we don't see another mess in that region. Anything that sets back investment in new semi plants will hurt Cymer's sales and also give some breathing room to the competition to improve their products.