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Technology Stocks : Cymer (CYMI)
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To: TideGlider who wrote (13906)2/2/1998 4:32:00 PM
From: Czechsinthemail  Read Replies (1) of 25960
 
TG,

I suspect it is simply profit-taking on the recent run-up. Most likely some skittish investors ready to take the money and run. Increasingly, CYMI is being held by new investors looking for some big appreciation from here and longer term investors who have been through hell and are now clutching their shares so tightly that their hands are purple. After the conference call and the upgrades, I think the sentiment shifted significantly toward the positive. We may still shake out some of the remaining weak hands, but there is a very positive long term forecast. And there are those shorts.

I'm feeling pretty good about where things stand. If it pulls back, I'll plan to get more.

Baird
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