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Technology Stocks : Cymer (CYMI)
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To: Robert Douglas who wrote (23619)11/19/1999 7:32:00 PM
From: Jerome  Read Replies (1) of 25960
 
"Why Cymer isn't a "buy" if it is an "absolutely unavoidable, gotta have" technology with a "dominant" technology"

When so much is expected of a stock (as Cymer)the chance of it disappointing is quite high. This is the irrational part of the market that no spread sheet can quantify.

Posters wax eloquent with sophisticated ratios, dazzling charts, heavenly projections, spread sheets equipped fog cutting capabilities, and proclaim every two point rise as a gale force wind about to propel this stock into the ionosphere.

Have said all of this I'm going out for a beer.

Have a good week-end,

Jerome
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