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Technology Stocks : Cymer (CYMI)

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To: Jerome who wrote (22378)7/3/1999 10:37:00 PM
From: orkrious  Read Replies (1) of 25960
 
Jerome, re

When will CYMI break 30.

I have given up trying to predict short-term price moves for CYMI. I know it has to hit 30 before 100, but I can't say with any certainty when it will hit either. The way many other stocks in this sector have moved (take a look at PRIA) I would have expected 30 by now. One major difference between CYMI and other semi-equips is that CYMI's technology is new. Other companies were successful during the last up cycle. CYMI wasn't even on the map then. Consequently, it has to prove itself.

The thread has been relatively quiet for the last couple of months. The reason, IMHO, is that the long-term holders are certain that CYMI's day will come. It is a matter of the market recognizing it. (The same thing happened with QCOM.) I am not trying to time this one. Linewidths are getting smaller, 300mm is coming, and I am comfortable just sitting back and waiting.

Jay
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