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Technology Stocks : Cymer (CYMI)

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To: BillyG who wrote (20430)12/14/1998 4:24:00 PM
From: Zeev Hed  Read Replies (2) of 25960
 
I am afraid that the sox is going to breach the 310 level and with it the group including CYMI could have some very tough riding. The breach and staying under 16.5 today is a sell signal which I obeyed dutifully. Too bad I was waiting for my target of $22, I thought there might have been enough enthusiasm to get us through $20, but once more, I was wrong. Right now, I would not be surprised to see $10-$11 in the first quarter next year, with a little fight in the $14 to $14.5 area.

Zeev
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