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Technology Stocks : Cymer (CYMI)

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To: Steven Angelil who wrote (7180)10/29/1997 3:37:00 PM
From: Doc Savage  Read Replies (2) of 25960
 
Steven, I will admit that the adjustment was a good excuse, but that was two days ago!

Also, money on Cymer right now seems like a crap shoot, you could win big and you could lose big!

It just looks to me like the momentum thing is gone now and Cymer will begin trading on fundamentals and I don't see a PE of 42 being justified based upon projected earnings. Also, with only a few customers and one product, any bad news could be a killer.

Also, I'm not short. I bought on Friday morning hoping to make a quick buck. Oh well, can't win them all!
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