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Technology Stocks : Cymer (CYMI)

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To: Robert Douglas who wrote (22221)6/11/1999 10:59:00 AM
From: Zeev Hed  Read Replies (1) of 25960
 
Robert, I think CYMI is doing fine, the very large volume we are seeing is "repairing" a lot of the "technical damage" inflicted on the last decline. If the sox does not go back under about 305 or so, I'll still feel relatively bullish about the segment. I believe there is shifting of serious money into the sector. As I mentioned on another thread, the market is recognizing (finally), that supplying the "picks and shovels" (internet hardware) to the gold miners (internut outfits) is more profitable than mining the gold itself (G).

Zeev
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