SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cymer (CYMI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TideGlider who wrote (13943)2/3/1998 11:03:00 AM
From: Nevin S.  Read Replies (1) of 25960
 
T.G. hope your assessment is correct. This stock needs a tailwind. My guess is that institutional investors will wait until results of the first qtr. are out before any serious interest returns to this stock.

You know its interesting, yesterday someone posted an article quoting the infamous Tom Kulak (aka Hot & Cold or Waffle Boy) with Merrill Lynch saying essentially that a premature recovery began in chip stocks precipitated by a slight uptick in DRAM pricing late Dec. or early Jan. Tai-min Pang at Cowen & Co. echos Kurlak's predictions. The general tenor of both analysts is that chip stocks may move up slightly in the near term but will fall back hard before the end of the second quarter. Pang seems to think 1999 earings will be good and this will be reflected in stock prices towards the second half of the year.

On the other side of the aisle we have Morgan Stanley and Prudential issuing buy ratings on a number of chip mfgs.

What do you think?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News