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Technology Stocks : Cymer (CYMI)
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To: Cymeed who wrote (11504)12/13/1997 9:51:00 AM
From: TideGlider  Read Replies (2) of 25960
 
I believe it was Mason that first posted the BTB of SEMIs
and did state that it did not bode well for the whole sector.

However, that being said it is always the uprgrades and downgrades
that move the stocks. It doesn't matter the how bright or informed
an analyst may or may not be. Their motives also don't matter. The
only thing that does matter is what the analysts recommend.

A shame, but that is how things work now. If an analyst were to
pound the table a give a believable account of why CYMI is a great
buy, it certainly would go through the roof.

Timing an analyst is the same as timing the market. One and the
same. I won't say that it can't be done, however I have lost plenty
attempting to time the market for CYMI.

One must consider the short positions of a house would have a very
controlling affect on the release of an upgrade. Of course the reverse
would apply to a downgrade. We have seen plenty of those.

Just thoughts

Bruce
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