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Technology Stocks : Cymer (CYMI)
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To: Mason Barge who wrote (11363)12/11/1997 2:13:00 PM
From: Mr. Aloha  Read Replies (1) of 25960
 
I take it your a short term trader?

If people jump in and out of stocks on every market concern, they'd have a hell of tax return and most likely miss all the major ups. If you only miss a few of the best days your return is greatly diminished.

Either you like Cymer and tech stocks or you don't. If you think techs are going to get killed and stay down for a few months, then go for it.

It reminds me of all those poor fools who sold into the panick of a 500+ point drop followed by another 100+ the next morning only to see the DOW back at 8000.

I clearly remember 1995-1996 and how everyone felt about tech stocks. It didn't take long for companies like AMAT to go from $40 to $20 to $80 etc..

Sell if you choose, I'm calling in another order soon. I'd love to get some cheap tech stocks based on a 1 year holding period.

Aloha

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