I was bullish on Cymer back in the mid to late 90s. The stock did nothing (well maybe doubled) until ASML bought the m, perhaps then doubling the stock price. I was so frustrated because Cymer’s light source was the enabler of smaller and faster chips. Anyone have a theory why Cymer never had a great ROI, compared to other equipment makers? Nikon and Cannon were already enormous, and Applied Materials, KLA-tencore, and others were already big and faced competition.