Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Orhan Birol who wrote (8784)	11/8/1997 8:20:00 PM
From: Kingpin	of 25960

This stock is starting to have that Iomega feel. It may take time for people to regain confidence in CYMI. Iomega continually beat their estimates only to hit lower lows almost weekly. However, long term the fundys always prevail.Unfortunately, many investors get forced out as the shorts push the stock to ridiculous levels. This creates more uncertainty and buyers are hesitant to step up and the cycle feeds upon itself. Iomega traded with a PE less than half its growth rate for a very long time. Then people started stepping up. Maybe selling the nearby calls to buffer any downside would be a good choice. If the stock clearly begins to emerge you can always buy some more. Anyway, only the truly patient will win this one. I just hope the shorts don't add me to their casualty list.

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