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Technology Stocks : Cymer (CYMI)

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To: Sonny who wrote (18636)	7/21/1998 3:09:00 PM
From: Zeev Hed	Read Replies (2) of 25960

Sonny, I doubt we will go to 10 straight days up and probably could be down some today (on the NAZ) and maybe to the end of the week. If people panic because of it, than CYMI could go lower than 16, I do not think that is going to happen, however. Greenspan has waved his "antiexuberance" flag again, and a short reaction will possibly come. But what Greenspan has not told you is that simultaneously with his flag waving exercise, the CRB just broke today through 208, a major support level. This means that inflation will stay tame for some time to come, and thus any one worrying about higher interest rates, is worrying about the wrong thing. Zeev

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