SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cymer (CYMI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ginko who wrote (20146)11/9/1998 7:42:00 AM
From: Mark Ivan  Read Replies (1) of 25960
 
Bean,

Thanks for your response. I would have more faith in the explanation IF the techs and CYMER would have seen a bottom and stayed there and then we saw a gradual rise. Then I would saw that smart money sees a turnaround in 6 months and is investing. But we saw panic selling, a huge drop, and a subsequent huge rise in CYMER. My guess is that 10-12 was the true bottom for CYMER and that the dip to 6 was a result of true panic selling and tax selling. Take out the panic selling, and we have a gradual price decay to 10-12.

I guess what I am trying to say is I don't see a continuing uptrend due to better future performance in the sector, but rather we will sit at these levels for a while until the "smart money" truly sees a improvement coming in the sector.

MArk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News