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Technology Stocks : Cymer (CYMI)
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To: ScotMcI who wrote (25615)1/9/2002 9:35:36 AM
From: Robert Douglas  Read Replies (1) of 25960
 
Man this board is dead when a rise like we've seen recently doesn't get any postings.

I've just been sitting back waiting. I had no intentions of selling my CYMI below $30 and probably not below $50.

There are a number of reasons I am holding this puppy for the long haul.

1)Average price increases. It comes to 22% That's going to be a huge boost to sales and earnings during the next upswing.

2)Obsolescence, obsolescence, obsolescence.

3)"The Golden Age of DUV" (to quote Cymer's management) I really believe that it has arrived and Cymer is still on top of the industry. The penetration of this technology is going to be much higher in the next cycle.
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