Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Apple12 who wrote (8729)	11/8/1997 2:27:00 PM
From: Gary D	Read Replies (2) of 25960

>Everybody has to stop watching this stock tick by tick.< Apple12, thanks for the excellent post. Although I haven't contributed much to this thread, I've followed it and found it informative and entertaining at times. But it can be time consuming. I will likely stay away from this thread for several weeks since there's no reason to feel uncomfortable with CYMI for the long term, and from here the downside risk is minimal compared with the upside potential. To sell at this point would likely be a mistake. Selling now to try to preserve 10% of what's left (in the event of a possible further 2-pt drop) would probably "cause" the stock to shoot up, and the reentry point could be higher. CYMI's chart shows there were several abrupt turnarounds earlier in the year. Douglas in post 8734 points out that CYMI's forward p/e is well under 20. CYMI's bottom is near (if not here)--CYMI should remain legal (21+); but if she becomes a teeny-bopper again, I'll be tempted to get out my checkbook to get more. My prediction for Dec. 1, assuming the overall market is higher by then, is the high 20's for Cymer. See you then. Gary D PS anyone know where I can find some Cymer "light bulbs" to hang on the eaves of my house? Didn't find any at KMART.

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