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Technology Stocks : Cymer (CYMI)

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To: FJB who wrote (17027)4/23/1998 8:13:00 PM
From: Mr. Aloha  Read Replies (2) of 25960
 
The after-hours is meaningless. Cymer told us what they expected to do last Quarter..

and they did exactly that. Now they say that they'll be flat for two quarters. This is guidance and it could worsen or improve.

The flat earnings aren't positive but it gives everyone a clear view of what to look for. They don't appear that concerned with competition and their new product release is strong.

I think it's a dud quarter as I imagined. They're eating their backlog until the transition kicks in.

I'm more concerned about the NASDAQ than I am about Cymer's earnings report. This high flying internet crap is going to get killed and make others look bad. I agree this is like the Spring of 1996 all over again. I was a sucker than for Zenith and it's "" collaboration with U.S. Robotics and Microsoft regarding their cable modem.

Aloha
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