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Technology Stocks : Cymer (CYMI)
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To: ben luong who wrote (9307)11/12/1997 9:41:00 PM
From: Greg Jung   of 25960
 
Say thank you to McGarity for this tidbit:

''One of the fallouts with the Southeast Asia currency crisis may be a reduction in capital spending for DRAM wafer fabs by Taiwan, Korea and Southeast Asian countries. Construction is being stretched out or postponed, and the appetites for governments to subsidize these facilities appears to be diminishing.

''Let me add here that capital spending for conversion to 0.25 micron equipment, particularly for advanced logic, is expected to remain strong.

================
For those who are lucky enough to be able to take advantage (most of us here are tapped out) this is where tech investing - buy low, sell high - begins. And we should all note a few things:

DON'T BORROW MONEY ON YOUR STOCK VALUE (Japan)

DON'T CHASE OR HOLD A STOCK BEYOND REALITY LEVELS

TECH STOCKS ARE TO BE RENTED, NOT OWNED !!

Looks like the banking sector is the next victim.

Greg
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