Zeev's Turnips Patch-No Politics (ZEEV)

[cy esp]

>>2:40PM Cymer estimates cut by JP Morgan (CYMI) 31.59 -1.62: -- Update -- JP Morgan cuts 2003-04 ests due to diminishing prospects for lithography demand acceleration in 2H03, and says demand concerns and the XLA product transition suggest the next 2-3 quarters exhibit above-avg risk for CYMI; cuts 2003 rev/EPS ests to $275 mln/($0.05) from $307 mln/$0.12, and cuts 2004 ests to $365 mln/$1.40 from $403 mln/$1.75; firm likes the stock in the mid-$20s.<<

I apologize if someone has previously posted.

Cy