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Technology Stocks : Cymer (CYMI)

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To: Peter V who wrote (15299)3/2/1998 4:40:00 PM
From: Elroy Jetson  Read Replies (1) of 25960
 
The portfolio of Tech stocks I sold mid-day last Friday is down 6.6%. This included Compaq which I sold on Thursday, as well as Cymer, Applied Materials, DuPont Photomask, and Ascend.

The swiftness of today's move surprised me. I expected directionless churning until late March or early April. When I was 16 my Broker told me to beware the Ides of March - and its usually true.

This quick sell-off may result in buying opportunities in these stocks sooner than I expected. Especially 30 yr bond interest rates resume their downward trend.

I don't want to miss out on Cymer at $64.
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