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Technology Stocks : Cymer (CYMI)
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To: Proud_Infidel who wrote (18836)7/29/1998 8:36:00 PM
From: Czechsinthemail   of 25960
 
CYMI did fairly well today given the negative market environment and the lower numbers from DLJ. Since they were not tremendously positive on CYMI before this announcement, I think they redefine the downside expectations going forward. Beyond that, it should be easier to meet the lowered expectations.

Though I'm not sure how to quantify it, the Intel announcements of accelerated small line width deployments seem very positive for CYMI both in terms of the initial orders and the ongoing business of spares. That seems like better visibility than most semi equip companies have at this point.

Baird
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