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Technology Stocks : Cymer (CYMI)

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To: TideGlider who wrote (7553)10/31/1997 2:06:00 PM
From: Doc Savage  Read Replies (2) of 25960
 
Don't panic!!!

Tidemane,

As it looks now, it may take a few quarters of solid earnings growth (which we have every reason to believe will happen) for CYMI to recover (and maybe test new highs?). Do yourself a favor and get away from the ticker for a couple of months before you get an ulcer. If you feel bad, watch what happens to the folks buying YHOO (that stock would be overvalued at $5), at least Cymer has proven it can be profitable!

I too bought in to CYMI hoping to make a quick buck but I also bought in because I feel that Cymer looks good over the next couple of years. The quick buck is out the window so now it becomes a waiting game and it could take awhile!
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