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Technology Stocks : Cymer (CYMI)

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To: Curlton Latts who wrote (15409)3/4/1998 10:33:00 PM
From: Candle stick  Read Replies (2) of 25960
 
Curlton, never been short CYMI....you have the wrong guy. I was a big buyer at 15-17 dollars and a seller early on at 22....then after the dip and pop above 22 I was advocating buying the breakout to many people....I bailed at 21 3/8 when it clearly failed.....

Sounds to me like you are the one getting your clock cleaned.....don't cling to hopes about share buybacks....the company may or may not buy anything back. In the meantime, the reality is that the tech sector is going to be KILLED tomorrow, and it will be followed by many more analyst downgrades and warnings from other companies related to semi conductor manufacturing. Don't turn a blind eye to the truth. Cymer, unfortunately, will most likely take another dive to retest the bottom...in a couple of weeks if it holds, then you can buy it. Don't try to send people into the market tomorrow trying to catch falling knives.

At last check INTC was down 11 at 74 and the Nasdaq was down 30....that's limit down for the Globex session. You can afford to wait a few days to buy.......good luck to you.......;^)
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