Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: MRothaus1 who wrote (17096)	4/24/1998 11:33:00 AM
From: Alex Abuin ?+!=$$$	Read Replies (2) of 25960

Why I just sold CYMI.... a rational explanation? At this price, I'm still up a bit. I held all through the teens with a loss and I'm glad it came back up. This last week was when greed took over....should have sold.... oh well. My point is, I think a lot of people agree now that CYMI is not going to do much for the next few months...they've told us about the next few Q's, Asia...too much uncertainty. Morgan Stanley may be pushing CYMI, but they are the underwriters after all...it's their baby. Why did I sell? I would have held if I didn't think about the market as a whole, but I can't afford to have dead money in CYMI for the next five months SINCE I EXPECT A MAJOR MARKET CORRECTION in this time frame. I'm all cash now, and I'll just sit and wait for a few months. Then CYMI will be in my list of buys. I just need to take a break from the market.... The spike up to 29.75 this past week and this stumble back down have been a good lesson to me. I'm glad I came out ahead by a little bit. Anyway, enough rambling for now. Good luck to all, and you'll see me again in a few months, for sure! Alex

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