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Technology Stocks : Cymer (CYMI)

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To: Yakov Lurye who wrote (10881)	12/2/1997 10:37:00 PM
From: Douglas W. DeVries	Read Replies (2) of 25960

Yakov and Thread: Another garage sale today. It was a pleasure to pick up some more CYMI today under $ 19. (Thank you Tom!) Do any of you get Dick Young's newsletter? He's real conservative but I did learn one thing from him that I will never forget. He urges investors to scan the horizon for LOCKED-IN TRENDS, buy up your position and hang on until everyone else figures it out or until there is evidence of the trend losing long-term momentum. I also remember the February 1997 Forbes article which emphasized the point that the 1996 semiconductor slowdown actually accelerated the migration to .25 micron technology. I know that this point is nothing new but it is fundamental to all of us holding our long positions and adding to them (if possible) at these ridiculous prices under $ 20. I'll keep taking a few more shares permanently off the market before January 1998. Once January hits I don't think this stock will be a bargain anymore. Advice to Zeev: Don't wait for the perfect moment. In the overall scheme of things the time is now. Doug

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