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Technology Stocks : Cymer (CYMI)

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To: Jess Beltz who wrote (4451)10/3/1997 9:17:00 AM
From: Mason Barge   of 25960
 
>> i'll be happy if Cymi keeps its head above water today.
fridays (recently) have been less than charitable,
and made for nervous weekends.

I'll be happy to see a trend downward, for this reason. This stock isn't going to move until earnings are announced, unless there is some unforeseeable event. I want to accumulate some in the 25-26 range. Very solid chances of earnings propelling this issue up for a nice gain in a couple of weeks, and I'm going to ignore interim moves.

Everyone please remember a couple of things about Bob Akins: 1) He has run this company brilliantly; 2) His wisdom and focus are on making lasers and making money, not holding the hands of analysts, 3) he is the best-positioned person in the world to know how Cymer is doing, 4) He says it is doing just fine now and in the forseeable future, 5) He loves to blow out earnings estimates and has enough foresight to know that the important figure is annual earnings, and to a lesser degree quarterly earnings, not the stock's price a week or two before earnings are reported.

He has told you not to sell. How clear can he be?
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