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Technology Stocks : Cymer (CYMI)

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To: Maxwell who wrote (9581)11/14/1997 1:03:00 AM
From: Taylor Caruthers  Read Replies (1) of 25960
 
Very embarassed to add my 15,000 shares that were bought at the high's. ($92.00). Guess what, those shares turned into 30,000 shares that are now at $19 or so. This was all done of course on margin. I have never averaged down on CYMI either. So as you can surmise, I have a substantial loss in this stock. I wish I had sold many times, but hung on hoping this Dog would turn. Looking for a miracle here, the Hail Mary, Doug Flutie. By the way, DLJ put out positive comments today on the Semi-Conductor equipment stocks. The Jist was they were way oversold and pouded the table to buy them here at these levels. They mentioned CYMI as one of their favorites and reiterated the $33 price target they have for CYMI.
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