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Technology Stocks : Cymer (CYMI)

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To: Terry W Weaver who wrote (7090)10/29/1997 12:37:00 AM
From: DAVID BANISTER  Read Replies (2) of 25960
 
UH OH.... EVERYBODY READ THIS FROM BRIEFING.COM:

>>> Brief: The bleeding finally stops, as group helped lead the strong
recovery... But technicals still weak and earnings in question given
turmoil in Asia... Looks more like corrective bounce than trend
reversal... BT Robertson Stephens downgraded Novellus to buy
from strong buy... CFM Technologies warned after the close that its
Q4 earnings would be in the $0.06 to $0.08 range well below street
estimate of $0.29... Sees Q4 sales near $18m as orders postponed...
Should rekindle earnings fears and weigh on group Wednesday...
Removed Asyst from cautioned advised list as stock tested our
target of 21 in early trading Tuesday.<<<

Cfm Looks like they will lead some selling tomorrow morning kids...
ouch ouch... cymer to retest 22 one more time... then I am going to
have to load up the last bullets in my buying gun and get the rest
added to my posse of shares....
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