Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Yakov Lurye who wrote (13091)	1/26/1998 2:18:00 PM
From: Zeev Hed	Read Replies (4) of 25960

Yakov, something is not right in the Kingdom of Denmark. We are three days from the earning report, Unfrastructure had just published a relatively bullish outlook for the sector and particularly the DUV players, yet, the stock is within 1/2 a buck of the yearly low and the volume is tepid. Usually, if the earnings would be a surprise, the stock would start and show some action by now. W cannot even blame Asia that was up overnight, or even the market in general which is still up (barely) on the day. As I often say, when there is a dichotomy between the apparent good fundamentals and the actual technical behavior of a stock, put more weight on the technical and expect the true fundamentals to ve reassessed down in line with the technical behavior. Zeev

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