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Technology Stocks : Cymer (CYMI)
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To: Zeev Hed who wrote (17136)4/25/1998 2:20:00 AM
From: pat mudge  Read Replies (1) of 25960
 
As for adding to CYMI, I am not sure, it should have held 24/25, it broke through and some "technical damage repair " is called for, it could drop as low as the low 19, before it gets back on its feet.

Zeev --

I don't do TA, but I agree with your prediction, just the same. I recall the stock staying in the 20-21 range for quite some time and I suspect lacking any news it'll drift and then stabilize there. Pure guessing on my part. I'm sure any industry optimism would send it up in seconds.

Later --

Pat
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