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Technology Stocks : Cymer (CYMI)

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To: D.J.Smyth who wrote (3129)9/24/1997 4:47:00 PM
From: Maxwell   of 25960
 
<<but, what do you think about the stock price?>>

I am glad I bought in at the 30-32 range. Had it not for the rumor I would have bought it at a more expensive price. This stock is a buy at this price. In the short run it will be manipulated until earning release. There is no type of good news for this type of industry. It is not a glamourous industry like communication, microprocessor, or DVD. The only good news from CYMI is spectacular earnings and it is earnings that will drive the stock price. The good news I see is that the 256nm KrF is a done product. This is now the CASH COW product for CYMI for several years to come. CYMI is sitting on top of a pot of gold. Remember to make big bucks you have to take the risk of buying a good company when everyone is dumping. Most people don't understand this company very well.

Happy Investing

Maxwell
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