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Technology Stocks : General Lithography

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To: DD™ who wrote (644)	9/24/1997 9:05:00 PM
From: Andrew Vance	of 1305

CFMT has been my most favorite roller coaster stock for many months this year. I have climbed on this coaster for more rides than any other stock. I seem to miss the abaolute tops and bottoms but I have made money getting close to those entry exit point. I was selling off my CFMT from 38 3/4 up to 39 1/2 and missed the 40+ it hit. I own no shares right now and am happy to see the drop today. My radar is set for 34-36 before going in again. However, I am looking very closely at the intraday trading patterns on this stock. I do not see it as a short because it is not part of my "bag of tricks". I haven't had the guts to back up my exits with shorts and then buy back the shares at a lower price and cover the shorts. We are on the same page but I do not see it going too much lower. I am looking for an entry point real soon. 35 buy in and a 39 exit for now gives me a cool 10% after commissions. This is how I am trying to play this stock. The same patterns are holding true for CYMI, which is trading from roughly 29 1/2 to 34 quite frequently. In the case of CYMI, I may play this once too often and miss the ride to 45 which may occur over the next 3-4 months. Good Luck in whatever you decide to do. Andrew

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