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Technology Stocks : Cymer (CYMI)

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To: ferdc who wrote (14085)2/4/1998 12:20:00 AM
From: Mr. Aloha  Read Replies (1) of 25960
 
Nevermind... probably just a figment of my imagination.

I rented "The Game" last night. For approx. $1,000, someone could put out a news release on Cymer letterhead and fax it to Reuters. Now Cymer or Reuters come back out and says it's true... Revenue Down and Earnings Down... sorry... Kinda like the second kick in the rear :-)

Probably nothing to it.

The Micron CEO was testifying today that Asia should NOT be allowed to dump inventory as part of the IMF deal. If MU is sucessful in controlling the supply of DRAM than MU and the SOX will benefit. I stick with falling DRAM prices in the near-term.

Aloha
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