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Technology Stocks : Cymer (CYMI)

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To: Steven Angelil who wrote (6530)10/26/1997 10:06:00 AM
From: craig crawford  Read Replies (3) of 25960
 
<< Now, with the earnings and positive forward outlook, he comes off as being stupid. Maybe he should just go back to math(where he is degreed). >>

How is he stupid? I don't think he shorted CYMI at 25, I think he was covering around there.

Furthermore, CYMI went down even after it's surprising earnings report due to downgrades in the Semi-Equip sector and general market weakness. Sure CYMI rallied, but he was smart enough to recognize the problems (or perceived problems if you will) in the semi market and it saved his neck.

I would say that he came out looking OK. I don't think he lost money on CYMI. I would bet that more people on this thread who claim to be "right" or "triumphant" with regards to CYMI lost money while he was "wrong" and made money.

Long CYMI, just wanted to offer a lucid perspective on this overly critical and emotional thread...
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