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Technology Stocks : Cymer (CYMI)
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To: Mr. Aloha who wrote (15423)3/5/1998 1:10:00 AM
From: Elroy Jetson  Read Replies (2) of 25960
 
I think it would be way too early to buy Intel tomorrow. The psychology of that stock is damaged for a while. This will eventually provide a cheap entry point to Intel 3 to 6 months from now when it ramps up in price in anticipation of the Merced RISC chip 12 months from now.

But there are going to be a lot of tech issues on sale tomorrow whose margins remain unaffected but will be placed on sale by Intel's misguidance. There are going to be some choice opportunities as they start to bounce back.
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