Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: sepku who wrote (11356)	12/11/1997 12:29:00 PM
From: Richard Russell	Read Replies (2) of 25960

SP, This is a very good way to deal with this bag of vomit stock. WAIT. Unfortunately we all may be waiting for some time to come. Since I posted that cymi would be in the 16s again as a probable bottom fundementals have changed and technicals have broken down. I now expect to see the 10-12 range before we see 20s again. It could be a year to 18 months before it crawls back up to the 30s if ever. By the time this cyclical downturn for the semis ends the competition will be bitting off market share. Slimer has lost its upward momentum and is in free fall. The street and anal-yst hate this puddle of dog diarrea and the big money won't be buying for some time to come. I know I will be flamed for this opinion because the truth hurts and no one wants to hear it on this thread. Good trading. RR

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