SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cymer (CYMI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Curlton Latts who wrote (17056)4/23/1998 10:55:00 PM
From: Zeev Hed  Read Replies (2) of 25960
 
Curlton, I think that the direction tomorrow will depend more on the mood in semi land. There was a nice rally going on in the SOX but today looked like a reversal. The fact that INTC held pretty well, may indicate that this is just a retracement in an uptrend. However, CYMI really should hold the 24/25 area to continue its bullish trend. I think that the street had a whisper number much higher than the number we saw and the "forward looking statements", particularly "weakening" of US markets (adding to Asian woes) may not sit too well with analysts. On the positive side, we have hit .8 on the Book to Bill ratio for equipment makers, it rarely goes much lower than that, meaning, the worst of this semi equipment retrenchment is probably over.

Zeev
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext