Baron Funds Comments on Cymer

Feb 06, 2013

Cymer, Inc. (CYMI, Financial), the leading provider of photolithography light sources for semiconductor manufacturing jumped dramatically (up 77.1% this quarter) after it was announced it was being acquired by its largest customer, ASML. This validated our multi-year growth thesis, centered on the uptake of next-generation extreme ultra-violet (EUV) lasers. (Randy Gwirtzman)

From Baron Funds' fourth quarter letter.

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