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Technology Stocks : Cymer (CYMI)
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To: John Westman who wrote (23307)10/20/1999 1:50:00 PM
From: Jerome  Read Replies (2) of 25960
 
John, I don't know how low or how high CYMI will trade. But by looking at tech stocks that have reported this week the outlook is not good. TER reported last night. Expectation were for 30cents, the whisper was 32 cents and the reported number was 35. The net result is that TER traded down 4 3/4 today. Now down 3 as I write. Tech stock after tech stock reported excellent results and the reward was a trashing the next day. CYMI probably will beat the earnings number by a good margin, but it drops past 30 have your finger on the sell button.(or at least write a covered call for Nov)

Jerome
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