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Technology Stocks : Cymer (CYMI)

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To: D. K. G. who wrote (6835)10/27/1997 6:22:00 PM
From: Mr. Aloha  Read Replies (1) of 25960
 
I wouldn't get to worked up over the market right now.

Everyone should just take a deep breath and enjoy the entertainment.

I was cracking up at home watching the tape. For some sick reason I wanted to see the DOW shut down for the day after being halted. This is a day to remember. What will happen tomorrow and the day after? Who knows.

All I know is CYMI has been beaten up REAL BAD over the last two months so it's not taking the brunt of the storm. Look at poor OXFORD (?) moving down 47 points to 25 or so with 50,000,000 shares traded - YIKES!! Not a good day for bad earnings huh? Intel's at 75!! DELL was down as much as 20 points!! Yee Hawwww.

My feeling is CYMI has fallen 50% from the high and that's usually about as far as they fall with earning disappointments or market pressure etc.. I feel pretty comfortable with CYMI right now. It could go lower but how much? The downside risk has been significantly reduced since Sep.

I'm going to just enjoy the show and hope to pick up some more lower if I can.

There's a lot of money waiting for the bottom!

Aloha
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