Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Candle stick who wrote (2493)	9/22/1997 12:30:00 PM
From: mauser96	of 25960

CYMI has a high P/E ratio and is thus exposed to even a hint of bad news. It was trending down even before the IBM and Montgomery announcements. The underlying bad news is that Intel has stated that they can go to 0.25 microns for sure, and probably to 0.18 using a modified mercury UVL lamp.(the Microscan-II lamp) If this is the case Cymer laser systems are needed only in small trial quantities. I am still long CYMI but I learned long ago that I would usually be the loser if I tried to fight Mr. Market for prolonged periods. Avoiding big loses is critical to being a winner. If a stock is falling in a bull market, what will it do in a bear market?

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