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Technology Stocks : Cymer (CYMI)

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To: HairyWho? who wrote (8737)11/8/1997 12:54:00 AM
From: John Perkins  Read Replies (2) of 25960
 
I am personally not overly interested in putting much weight in the short selling activity at these levels. A problem free product, spending on R & D, and a little time is all this company needs to increase shareholder value. The retest at this 21 - 22 level has been predictable since gray monday. This stock, like the market, will require time to recover technically. It has support at 21.375, 20 and would be a strong buy again at 17.50 area. There isn't much downside left so long as you allow a little time and a problem free product. It's probably good that this thread is so impatient and at times negative on this stock. Probably means we'll see a price improvement soon. Stay patient, and good luck to all regardless of how they trade. It's only money.

JP
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