Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: FJB who wrote (23009)	9/2/1999 8:45:00 AM
From: Jerome	Read Replies (1) of 25960

Robert, Thanks for your thoughtful response. I sincerely hope that you are correct. The difficulty with high valuations is that there is no room for error. It would be my expectation that CYMI till the end of the year will trade between 30 and 50. I do pay a lot of attention to short term trends because, besides just owning a core position in CYMI, I trade options on it. (calls and puts). It has been mentioned on this thread by others that there could be a shortage of CYMI's product due to increased demand. I believe that the recent run up in price is due to this perception. For some reason the perception of shortage, real or imagined will drive the price of a stock or commodity, to new highs, irrespective of the actual situation. Because everyone is so dead positive about this stock as a can't miss proposition, that alone is cause for concern. After all those that follow the herd are likely to get trampled by it. Hope I'm wrong. Jerome

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