Cymer (CYMI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cymer (CYMI)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sepku who wrote (6138)	10/23/1997 11:19:00 PM
From: Eduardo Canto	Read Replies (1) of 25960

Congratulations to all CYMI owners! Here's a quick story for you to understand how dumb and overpaid most analysts are(95% of them): Back in 1990 my team took a very significant position in a new company called EMC(EMC-NYSE) around $4.The stock had the potential to steal IBM's storage market share very quickly,the new product SYMMETRIX was delayed for one quarter and the analyst for Merryl then(I won't say her name)made the stock a sell and it went from $11 in the morning to $5 by closing time.My crystal ball told me she was wrong and we avg.down.From '90-93 the stock was up 20 fold.We became rich and she no longer works there.Analysts are paid to be wrong(stocks report better/worst but almost never in line),if they had any skills they would trade for themselves like us. Regards, EC PS-Forgive my spelling errors,I'm watching bball

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next