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Technology Stocks : Cymer (CYMI)

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To: Yakov Lurye who wrote (10701)11/28/1997 5:15:00 PM
From: john david martin  Read Replies (1) of 25960
 
I agree with your comparison with APM which is why I'm out and in CYMI. However, I only would like to point out that with the great earnings APM had the shorts were so tenacious they were able to prevent the stock from being fairley valued for almost a year or so long that bad news did finally hit this stock, do not under estimate them is my point. On the plus side if your ever able to break their stronghold you have the potential of having them to cover and raising this stock 5-10 points in a day. I beleive CYMI has this potential and plan on loading up more of CYMI the next down day at around 17 which is surely to happen unless you think Asdia will not have another big down day which will effect the stockprice ( I don't think you are that naive).I believe that eventually things will stabilize in Asia and we will double our money early next year unless you believe this stock will stay down forever and I'm not that naive.
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