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Technology Stocks : Cymer (CYMI)

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To: j g cordes who wrote (17859)5/29/1998 12:57:00 PM
From: Zeev Hed  Read Replies (2) of 25960
 
j.g. I agree with you about oil, except that the Pakistan/India/Indonesia problem has two sides, interruptions in transportation as you mentioned, but also drastic decline in demand (I believe the current low crude price is a result of weak demand from the rim).

As for CYRX, it looks extremely strong in the face of a general retreat of the SOX and its actual breaking to a new "low" (not yearly, but "local" ). The question is can it stands the tide. The answer will be, IMHO how well it handles the next attack on the 19-19.25 area. I think it may fail and am getting ready to pull the chips from the table.

Zeev
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