Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Ian@SI who wrote (5530)	10/21/1997 11:15:00 AM
From: D.J.Smyth	Read Replies (2) of 25960

morgan stanley and other firms issued a "strong buy" on KLIC when it was trading at $30 and it ran the price up to above $50. Kurlak's recent comments have driven KLIC back down to its present level. If movement in KLIC is any indication of the potential movement in CYMI, then what we are witnessing is a brief trade-off in CYMI prior to earnings (witness the brief trade-off in KLIC prior to earnings). CYMER will make earnings. The question is what will they say following earnings? If KLIC is a "strong buy" at $30 and continues to be rated as a "buy" by several firms and it is now trading at $32 3/4, then Cymer, being an original "strong buy" at $37 should bounce at least $4 after earnings.

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