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Technology Stocks : Cymer (CYMI)
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To: Zeev Hed who wrote (18096)6/15/1998 5:39:00 PM
From: Elroy Jetson   of 25960
 
What a delicious day. I hope I didn't eat to much. SOX and other Tech stocks largely unmoved by the commotion of the precipitous decline in the horribly over-priced S&P/DOW stocks. I did pick up Cisco, Microsoft, but also 8 other firms more reasonably priced.

I'd hate to think the best entry to Cymer is going to be 14 3/4. At that price I'd get the same 'Asia recovery" upside potential in ANZ Bank. Both ANZ and Cymer have virtual monopolies, but ANZ doesn't have to worry about replacement technologies or semiconductor cycles.
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