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Technology Stocks : Cymer (CYMI)
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To: Mr. Aloha who wrote (14579)2/11/1998 7:33:00 PM
From: Czechsinthemail  Read Replies (2) of 25960
 
Aloha,

While it is certainly possible to look at Cymer through half-empty glasses, it seems like more are beginning to look at it as half-full. The stock seemed to do well today considering another negative report on semis from Kurlak and Merrill Lynch. The relative strength of chip equipment companies should lend support to CYMI. Granted all the uncertainties around how the near term future looks, there seems to be more movement toward bargain hunting on any weakness. Since CYMI is easier to predict as a major winner than many, I think it is unlikely we will drop significantly from here unless there is a major correction in the market as a whole. Once there is a sense that we're past the bottom, accelerated buying could drive it significantly higher.

good luck,
Baird
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