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Technology Stocks : Cymer (CYMI)

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To: Steven Angelil who wrote (9076)11/11/1997 6:00:00 PM
From: Robert DeHaven  Read Replies (1) of 25960
 
Steve: Still lurking here....CYMI is so oversold right now its screaming...along with everyone on this thread. As everyone know the graph on CYMI is pathetic...down we go. Where's the bottom a fools game.....Usually the last leg down is a washout and the reversal will be on high volume....Average daily CYMI vol. is 1.5 mill. I think we are going lower...but a short term rally of 2-3 sticks wouldn't surprise me especially around option expiration time.

Curly...doesn't this remind you of WSTL last year...it went from 42 to 8 5/8 then back to 25+....

Same kinda action.

Are we ever in a margin squeeze.....

IMVHO be prepared to margin call at 14.

Good luck to all....And still long CYMI!!! B}

Bob
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