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Technology Stocks : Cymer (CYMI)
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To: Zeev Hed who wrote (10874)12/2/1997 8:47:00 PM
From: Jess Beltz  Read Replies (2) of 25960
 
Zeev, I have to confess now that you are probably right. Everytime I think that the stock is at rock bottom and can't possibly go any lower, something comes from completely out of the blue to knock the stock into the dirt. I did not see Kurlack's opinion coming (he's pretty widely recognized as Mr. Semiconductor among analysts) and by my own opinion expressed earlier, the market is still behind the curve with respect to what this means for semi-equipment companies. It is still mystifying to me that when people like Carl Johnson who are really in touch with the industry come away from it with extremely bullish views about growth and expansion, that all of this fundamental information, based on the sound data of the orders booked by firms in the industry is totally ignored by analysts covering the field. I'm learning the hard way about the degree to which experts can remain either (1) completely ignorant, or (2) deliberately manipulative of select security prices.

jess
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