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Technology Stocks : Cymer (CYMI)

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To: Apple12 who wrote (21575)4/6/1999 7:48:00 AM
From: Mark Ivan   of 25960
 
Apple12,

I too am with you. I lost my stock at 15 due to a covered call, and after 1 1/2 long years, managed to just about break even. Taxes where a royal pain. Now it appears I may be able to get my stock back at 15. Not so sure I want it though. I do not reside in the "endless cheerleading, $200/share camp". We obviously are in some sort of semi recovery, but how good is it? I don't think it is the "knee jeck" spending recovery that Atkin's was predicting. It appears to be a slower, more general recovery. Cymer was all geared up for massive ramp up; doesn't look like it will happen. Another losing quarter coming up, and also predicting losses in June. I think there are better prospects out there.

I don't believe we will hit 7 again, but I would definetly buy there also.

Mark
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