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Technology Stocks : Cymer (CYMI)

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To: TideGlider who wrote (8766)11/8/1997 3:32:00 PM
From: Gary Hoyer  Read Replies (2) of 25960
 
Buyers and short coverers are poised with their fingers on the trigger.

I believe you are absolutely right here. After a good 3Q report, good press at the AEA Classic, and Intel's rather upbeat analyst conference, the BIG money (institutions, mutual funds etc.) are doing their analysis.

IMO, they can only draw one conclusion. Cymer at these prices is looking like a PHENOMENAL investment opportunity. It will be the best chance since the IPO to go long on this stock.

That said, now comes the tricky part. These big investors are all calculating their entry point and they are the only ones who know what it will be. When Cymer hits their price, they'll buy and buy big.

For myself, I want to average down one last time (I thought I had a great average at $27.26) and then let it ride. Like most of us on this thread I have tried to catch the falling sword. But I do want that sword!

Poised on the buy trigger,
Gary.
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