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Technology Stocks : Cymer (CYMI)

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To: TechHunter who wrote (9226)11/12/1997 1:37:00 PM
From: Rodney Lockhart  Read Replies (1) of 25960
 
Remember 1996 was a down year for the semiconductor equipment sector.
KILC's business just dried up. So the momemtum players left and the stock price plunged. KILC makes the best ball bonder and has great management, so it was just a matter of waiting for signs of a recovery.

CYMI & KLIC:
-both make semiconditor manfacturing equipment
-both have major sales in Asia

Scott Kulicke says KLIC hasn't seen any change in their Asian business. Scott is also going on the road making presentations to brokerages.

CYMI is going to need to put in a good quarter or two.
It would help if they could get the securities firms back in their corner. Watch the charts and wait for CYMI to put in a solid bottom...then buy.
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