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Technology Stocks : Cymer (CYMI)
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To: FJB who wrote (24787)4/26/2000 5:26:00 PM
From: Berk  Read Replies (1) of 25960
 
Bob, I was about to agree with you, that I, too,had never seen such a performance in the face of earnings numbers like those which CYMI published. But then I remembered that I had: the year was 1974 when the averages were cut in half because of the oil shock. At that time it seemed that the better the earnings were for a company the worse the stock price was hit; the market was always finding a negative to focus upon rather than the positive. There is the chance that today may have been a high volume climatic low and I certainly hope so since I still own the stock but I don't know.
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