Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Robert DeHaven who wrote (13376)	1/29/1998 4:04:00 PM
From: Doc Savage	Read Replies (2) of 25960

Don't panic!!! What is with all this doom and gloom??? The market reaction which brought Cymer down is obviously way way way over done. It is to the point where I don't think we have to worry about anything negative in the comments. I'm only worried if there is nothing positive which is very unlikely. For crying out loud, we are on the fromt end of a technological revolution which will be powered by chips. Chips of .25M and lower. And, I don't think anyone can argue the fact today that Cymer has a chokehold on the technology required to produce these chips. Cymer should be trading in the $40 renge on the merrit of this alone. In my opinion, the stock is priced as if earnings are going to be about .10 with news of a 50% reduction in backlog. I know that we are all hopeful of good numbers but I'm not worried about bad numbers because I just don't think that this stock is going any lower regardless. Someone who bought 100,000 shares at 15 1/4 yesterday afternoon doesn't think so either!

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