Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Steven Angelil who wrote (7366)	10/30/1997 4:55:00 PM
From: Robert DeHaven	Read Replies (1) of 25960

There is a general consensus that the strong will survive....Albeit CYMI is one but the markets are not kind right now. Leaders like INTC, MSFT, IBM, SUNW, DELL are the indicators for tech in general. Why is everything getting soooo cheap? Well here goes: There isn't enough money in the world to buy all the stocks at the prices quoted. Granted some are overvalued some are undervalued... But if everyone demands cash for the shares they hold ...TODAY....aka Selling....prices get cheaper on all stocks as a result. As the dealers find themselves taking more and more stock and finding less and less buyers things get cheaper to buy.....its economics 101 Selling breeds Selling The weakness in CYMI has nothing to do with CYMI's fundamental business prospects or future. But the overall market has a cold and its infecting all the others.... Good luck to all. Bob

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