SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cymer (CYMI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zeev Hed who wrote (22678)7/24/1999 11:36:00 AM
From: Logain Ablar  Read Replies (1) of 25960
 
Zeev:

How is the turnips? Is it still jumping up with CYMI. Earnings after the close on Monday so it should bounce one way or the other.

It appears everyone is selling off on earnings unless they blow away the estimates (I don't expect CYMI to blow away estimates and they should be conservative in forward guidance, although ASML orders looked great which bodes well for CYMI forward guidance).

The P&F s/t indicators have turned cautious and the semi sector is extended. Dorsey Wright is advising caution in this sector. ASML has come back but CYMI is a puzzle. Not sure of a target. It could run up to $38 - $45 area (sorry Curly I don't see $50 yet, maybe by end of year but thats too far away) but just as eaisly hit $29 (and breach this if earnins disappoint).

Just some thoughts.

Tim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext