Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Steven Angelil who wrote (7631)	10/31/1997 4:32:00 PM
From: DAVID BANISTER	Read Replies (2) of 25960

The Morgan Stanley info is quite informative, I also think... This must account for the current pricing of the stock. Seems to be now discounting this bad news at 22 7/8. I had posted last week that we will see 22 before 30... based on the chart pattern mainly. Support is at 22...we will test it here shortly. I think we will have to wait 1-2 quarters to see what the visibility is going forward with respect to shipments to customers and their abilities to manufacture steppers etc on a timely basis. The good news is Cymer is ready to rumble, once the full adoption takes place and some of these transitional issues are over, we will be looking solid. It therefore seems possible we will see the stock moving fast 2nd half of 1998 as visibility improves into 1999...either way we should make some good money if we have patience. The bummer is many of us including I bought prior to earnings to get that pop... well, didnt get it. Guess I will lick my wounds and buy more at 22... good luck

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